Tag Archives: compliance
FTC Settlement in Big Payday Loan Case
http://www.ftc.gov/opa/2011/03/everprivate.shtm I just saw this settlement come through. If you work in the payday loan space, you’re no doubt familiar with FTC vs. Swish Marketing and Jerry Klein, a.k.a. the “prechecked opt in buried in the footer” case. Not much to say to the above, other than “ow.” One of the defendants is going to [...]
More Bad News for Biz Opps
Looks like the FTC has biz opps in the cross-hairs…again. They just announced a major crack down. More information here: http://www.ftc.gov/opa/2011/03/emptypromises.shtm You Might Also Like…FTC Settlement in Big Payday Loan CaseMore on the Rockefeller BillReally, an airline with pre-checked opt ins?
More on the Rockefeller Bill
About 30 seconds after my buddy Shoemoney linked to my last post, my inbox was flooded with questions about the Restore Online Shoppers Confidence Act. Unfortunately, my lawyer has advised me to not directly answer any questions. This could have something to do with the fact that I am not an attorney or because he [...]
Really, an airline with pre-checked opt ins?
Yeah, that’s right! Even airlines are playing the forced upsell game. I just booked a flight on Allegiant. I added preferred boarding and seat selection, got my subtotal and when I submitted to the payment processing page, I noticed the cost had increased by $15.98. Hmmm, I thought. I don’t remember authorizing that. Sho’ nuff, [...]
FTC Testimony on Credit Report Use by Employers
Are you job hunting and worried that an employer might reject you because of bad credit? Lots of employers are doing credit checks nowadays. Well, according to this recent testimony by the FTC, employers are required to inform you that they are running your credit and, more importantly, they have to let you know if [...]
Political Ads and Truth in Advertising
The FTC is the main federal agencies in charge of consumer protection. One of their big Truth in Advertising tests is called the “reasonable consumer” standard. When selling a product, you are only allowed to make representations that an average Joe (“reasonable consumer”) would find to be accurate. If you are making promises or representations [...]
Ignoring BBB Complaints? Think Twice…
Here’s yet another case in which the FTC teamed up with a BBB office to go after a company generating lots of consumer complaints. I’ve heard through my counsel that the FTC and AGs are starting to surf Rip Off Report and BBB sites to find businesses to target…here’s the latest evidence of that. FTC [...]