ICFE eNEWS #15-33 - November 18th 2015
View this eNEWS online
Penn News for November 2015
News from the Federal Trade Commission
Abusive Debt Collection Crackdown
The FTC and more than 70 federal, state and local government agencies
brought 115 enforcement actions in a nationwide crackdown against
abusive debt collectors.
Operation Collection Protection included cases
against debt collectors who the FTC says threatened and harassed
consumers about debts that they didn't owe. According to the FTC,
some debt collectors pretended to be government officials, and
threatened people with jail, lawsuits and wage garnishment if they
didn't pay. Other enforcement actions were against debt collectors
who failed to provide required disclosures and notices.
Sprint Fails To Give Notice
The FTC filed a complaint against
for failing to give customers a
Risk-Based Pricing Notice. The notice tells customers that the company
could use the information in their credit report to give them less
favorable terms, or charge them more for a service than someone with a
better credit history. According to the FTC, Sprint violated the law
because it imposed a monthly fee of $7.99 on customers with a lower
credit score and failed to tell them about the negative information in
their credit report.
Hospital Merger Blocked
The FTC challenged the proposed
merger of two hospitals located three
miles apart in Huntington, West Virginia. The FTC's administrative
complaint charges that the merger would create a near monopoly for
general acute care inpatient hospital services and outpatient surgical
services for patients in the Huntington area, likely leading to higher
prices and lower quality of care. The Commission also authorized staff
to block the merger in federal court, if necessary, to prevent the
hospitals from merging.
Free Debt Collection Materials
Do you know what your rights are when debt collectors come calling? Or
how to detect and avoid debt collection scams? The FTC has
education materials available in English or Spanish to help.
"Being in debt is stressful enough for many Americans without also being
subjected to intimidation and false threats. Debtors have certain rights
and rogue collectors that step outside the law will face the
consequences of illegal behavior."
- FTC Chairwoman Edith Ramirez
Start with Security Videos
Does your company use personal information? The FTC has a series of
two-minute Start with Security videos that illustrate lessons businesses
can learn from the agency's 50+ data security settlements. For
more information about how to comply with consumer protection law, visit
the FTC Business Center.
Phony Tech Support Scams
The FTC took action against two phony tech support companies, Pairsys,
Inc. and Click4 Support, with charges that they made false claims about
having found security or performance issues on peoples' computers.
The FTC alleges that both companies lured people to their websites with
pop-up ads about bogus tech support services. When people called a phone
number in one of the ads, the companies asked for remote access to fix
their computers because of a virus, spyware or malware. The FTC says the
companies tricked people into paying up to thousands of dollars for
services they didn't need, that didn't help, and that
sometimes damaged computers. Pairsys, Inc. has agreed to settle the FTC
IN OTHER NEWS
FTC Approves Final Consent Order Against BMW of North America
FTC Approves Final Order Requiring Wet Wipe Manufacturer to Substantiate
"Flushability" Advertising Claims
FTC Approves Final Consent Order Against Las Vegas Auto Dealers For
Misleading Consumers About Cost of Cars
FTC Action Bans Scammers from Advance Fee Recovery Business
#Medicare open enrollment scams are taking advantage of #olderpeople.
#Avoid this #scam with FTC tips
Looking for free #FinancialLiteracy materials for #students? Check out
the FTC's resource for #teachers #educators
Some #debtcollectors are calling about #debts that aren't real.
Know your #LegalRights.
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ICFE - Institute of Consumer Financial Education -