Money & Credit

Fake debt collectors impersonate real businesses

Fake debt collectors will say anything that will scare you into paying them. Today, the FTC stopped imposters who pretended to be lawyers. They threatened people with lawsuits and jail time to collect debts that didn’t exist. These imposters often used the names of real small businesses or names that were very similar to those of existing businesses.

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Money & Credit

Shade-y claims of harmless “green” paint

If you’re thinking about sprucing up the interior of your home with a fresh paint job, using a paint with no volatile organic compounds (VOCs) may be important to you since these compounds can be harmful to people. However, the FTC warns that some paint companies mislead people about the amount of VOCs emitted by their paints.

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Money & Credit

“Going out of business” sales: Are the deals real?

Who doesn’t like to save money? Those big colorful “going out of business” sale signs can draw you in, like a moth to a flame. Before you fork over any cash, make sure you understand the real deal. Otherwise, you might get burned. Here are a few things to think about.

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Money & Credit

Scams in the name of charity

Scammers are creative, cunning and cruel — and they often mix in a little truth to spice up their big lies. This scheme shows just how low they can go.

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Money & Credit

FTC sends DeVry refund checks

As part of its settlement with DeVry University, FTC is mailing 173,155 refund checks worth more than $49 million to some students who attended the school between 2008 and 2015.

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Money & Credit

Fake loan-matching site put consumers at risk

Some scammers build and market websites that claim to offer loan-matching services. The sites convince people to share personal information, but instead of delivering help, the operators scoop up people’s information and sell it for their own profit.

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Money & Credit

Month of the Military Consumer

July is Month of the Military Consumer. It’s a great time to remind servicemembers, veterans, and their families of the helpful tips you can find at Military.Consumer.gov.

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Money & Credit

Military Consumer Financial Workshop is July 19th

I’m the proud daughter of a Navy veteran, and attended school on two military bases from elementary through high school. Looking back – although I may not have fully understood the consequences at the time – I see how various financial issues and scams affected the lives of my military friends and their families. That’s why I take consumer protection for servicemembers, veterans and their families seriously. For me, it’s personal. It’s also a top priority for the FTC.

Check up on your credit every year

Did you ever apply for credit and were refused? There may be something on your credit report that’s holding you back. But it might not all be accurate. Checking your credit report at least once a year helps you know what’s there – and keeps you on track for a healthier financial future.

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Money & Credit

Economic Liberty Task Force roundtable about professional licensing

Moving can be daunting, but for millions of Americans, the biggest relocation challenge might be related to their jobs: getting a professional license in a new state. The obstacles aren’t just paperwork and fees. Licensing requirements often vary from state to state so you might have to take additional courses or get specialized on-the-job experience – even if you’ve been working in the same profession for years.

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