Assistant Director, Division of Financial Practices, FTC
Making a plan is one thing. Sticking to it: quite another. During 2015, the FTC made a plan to address some new and troubling issues in debt collection. Throughout the course of the year, we stuck to that plan – bringing a record number of new cases, banning bad debt collectors, talking with industry, and finding new ways to do outreach.
We’re hearing from our colleagues that those pesky government imposters are at it again, using the FTC’s name to try to con people into paying them for something. Whether it’s to clean up your credit report, give you a prize, resolve a complaint against you, or pay off a debt you owe, they’re all lies. The message may be a call or an email, but it isn’t from the Federal Trade Commission, or any other federal agency.
There are plenty of good reasons to get your high school diploma as an adult. It can open doors to a new job or promotion, or help you get into college or the military. But before you start looking into your options, make sure you know how to spot a diploma scam.
The FTC has filed charges against two fake high school diploma operations: Capitol Network Distance Learning Programs (CNDLP) and Stepping Stonez Development.
A strong password is a great way to prevent hackers and identity thieves from accessing your accounts. But what if you share it with someone you know?
Many teens and young adults are giving passwords to friends or loved ones as a sign of trust or love. After all, sharing is caring, right? But what might seem like a milestone in a relationship can turn out to be a very harmful decision.
Thousands of people downloaded a popular 3D browser-based game from the Chrome Web Store. That game, described as a "fast-paced, action-packed free-running castle adventure game," advertised "High Speed Acrobatics," "Awesome Outfits and Skills," and "Insanely Dangerous Worlds." The danger, it turned out, was to consumers’ privacy.
Every time I hear about a weight-loss case, filled with promises that a pill will let you shed pounds, fat, and inches without dieting and exercise, I think of My Fair Lady’s flower girl, dreaming in the cold night air about eating chocolates beside a warm fire, and singing wistfully, “Oh, wouldn’t it be loverly?”
The FTC announced the settlement of another weight-loss case today. Spoiler alert – it turns out that the only thing the defendants’ Final Trim and AF Plus capsules were sure to trim were the wallets of consumers, who dropped $16.4 million over just three years buying them.
Attorney, FTC's Division of Consumer & Business Education
Valentine’s Day conjures up images of hearts, flowers and a double-decker box of chocolate, nougat and nuts. But, metaphorically speaking, what happens when that stupendous bouquet of roses you got turns out to be a pile of weeds? Love might cloud our vision, but that doesn’t mean you have to turn a blind eye to consumer pitfalls. If you know what to look for, you can avoid some big missteps. While these are probably the least romantic Valentine sentiments ever, they just might save you some heartbreak down the road.
Senior Attorney, Division of Litigation Technology and Analysis, FTC
Put the long winter months to good use by getting your financial house in order for the rest of the year. A great place to start is to review your credit report, which can affect your ability to shop for a car or a home, or even apply for a job. It can also help you spot errors and prevent identity theft.
Lucky for you, we have a short video explaining just how to go about getting your free annual credit report.