A Federal Trade Commission (FTC) study conducted last year found that five percent of consumers had errors on their annual credit reports that could cause them to have to pay more interest on their loans.
Tag: FTC
FTC Charges Marketers with Deceiving Small Businesses
As alleged in the complaint, MSD sales agents typically call small businesses and lead them to believe they are associated with the businesses’ current card processor, Visa, MasterCard, or their bank. The sales agents allegedly promise substantial savings on credit and debit card processing, specifying a much lower rate than the business is currently paying. Agents quote one fee, a fixed per-transaction cost, without mentioning all the other fees the businesses will have to pay, and when asked if there are other fees, merchants are allegedly told there are none.
Death, Taxes and Lost or Stolen Debit Cards
Sadly, losing or having your debit card stolen is commonplace these days. Here’s what to do if it happens The stories come out with the consistency of quarterly earnings reports. From Barnes & Noble to HSBC Bank to Zappos, thieves eager to get their hands on customer data are consistently, and successfully, targeting large companies.… Continue reading Death, Taxes and Lost or Stolen Debit Cards