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Money & Credit

AT&T Unlimited Data Customers Getting Refunds

You might have heard that AT&T agreed to return $60 million to customers for allegedly reducing the data speed on their unlimited data plans without telling them. In its 2014 complaint, the FTC said that AT&T’s practice of data throttling – slowing down the data speed for unlimited customers who used large amounts of data – was unfair and deceptive. It was unfair because AT&T promised unlimited data, but didn’t give customers the data they paid for. And it was deceptive because AT&T didn’t tell customers it was reducing their data speed, says the FTC.

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Money & Credit

New brochure for social media influencers

Chances are you know an influencer – a person who works with a brand to recommend or endorse a product in social media. Maybe you work at a company that uses influencers or perhaps that describes you, a friend, or a family member. Then you should read a new FTC brochure: Disclosures 101 for Social Media Influencers.

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Money & Credit

Scams and older consumers: Looking at the data

The FTC just sent a report to Congress called Protecting Older Consumers 2018-2019. The report suggests steps to take to help protect older consumers from fraud. But the evidence also shows a thing or two everyone else can learn from them. Check out the sometimes surprising findings in this year’s report.

Charity fraud awareness, here and abroad

Today is the start of International Charity Fraud Awareness Week (ICFAW), a coordinated international effort to help charities and donors avoid charity fraud. The FTC joins state charities regulators across the country, the National Association of State Charities Officials (NASCO), and international partners in this campaign. By joining forces, we can reach more people and more charities with information and advice. Money lost to bogus charities and scammers means less donations to help those in need. And no one wants that, either here or abroad.

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Money & Credit

Fake followers: A social media hoax

Influencers, celebrities and other people with strong online followings can be, well, influential. When considering whether you want to buy something or use a service – especially when you’re buying online – you might look at a person’s or company’s social media. A bigger following might mean something to you, maybe telling you something about their legitimacy or how good their product or service is.

Renting a car: Factoring in the fees

Whether you’re planning a weekend getaway or a cross-country road trip, a rental car may be in your future. Comparing prices online can save you a bundle, but make sure you compare the total cost — not just the advertised rate. Added fees can increase the base price dramatically.

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Money & Credit

Zurixx’s real estate investment scheme

These days, it seems like everyone wants to make money by flipping houses. There are companies out there promising to tell you how, but not all those promises are real. The most recent example is Zurixx, a real estate investment company sued by the FTC and the Utah Division of Consumer Protection (DCP).

FTC Refunds: The real deal or not?

Sometimes the FTC is able to return money to people who were ripped off in a con artist’s scheme. But scammers try to cause confusion and take advantage at every step.

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Money & Credit

Millennials and fraud: What’s the story?

Lots of people fall for scams. Is it any different for Millennials? That’s what the FTC explores in its new Data Spotlight, Not what you think: Millennials and fraud.

Self-defense against scams

To everyone who hangs up on unwanted calls, learns about the latest scams, and checks with friends about suspicious offers: good news! People who did all those things were less likely to lose money to a scam than people who didn’t, according to Exposed to Scams: What Separates Victims from Non-Victims?, a report from the FINRA Investor Education Foundation, the BBB Institute for Marketplace Trust, and the Stanford Center on Longevity.

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Money & Credit

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