Scam emails purport to be from federal courts in Rockford and Chicago  If a resident of Northern Illinois opens an email purporting to be from U.S. District Court for the Northern District of Illinois, and is asked to pay to receive a class action settlement, it’s a scam, according to Clerk of Court Thomas G.… Read More

CONSUMER FINANCIAL PROTECTION BUREAU ORDERS SANTANDER BANK TO PAY $10 MILLION FINE FOR ILLEGAL OVERDRAFT PRACTICES Bank Deceptively Marketed Its Overdraft Service to Consumers, Violated “Opt-in” Rule WASHINGTON, D.C. — The Consumer Financial Protection Bureau (CFPB) has ordered Santander Bank, N.A. to pay a $10 million fine for illegal overdraft service practices. Santander’s telemarketing vendor… Read More

FTC and State Law Enforcement Partners Announce More Actions and Results in Continuing Crackdown Against Abusive Debt Collectors FOR RELEASE January 7, 2016 TAGS: deceptive/misleading conduct Finance Bureau of Consumer Protection Southeast Region Southwest Region Consumer Protection Credit and Finance Debt Collection In four separate actions, the Federal Trade Commission is announcing that it has… Read More

Herbalife Will Restructure Its Multi-level Marketing Operations and Pay $200 Million For Consumer Redress to Settle FTC Charges Company Must Tie Distributor Rewards to Verifiable Retail Product Sales And Stop Misleading Consumers about Potential Earnings Note: A press conference with FTC Chairwoman Edith Ramirez will be held today at 10 a.m. ET, 600 Pennsylvania Ave.… Read More

If you get a letter/ email like this, it is a scam.  Do not pay.  Do not provide information.  Do forward it to the Federal Trade Commission, Consumer Financial Protection Bureau, and your state Attorney General:   This is to inform you, that you are going to be legally prosecuted in the Court House within… Read More

**UPDATED LINKS FOR IMMEDIATE RELEASE: July 28, 2016 CONTACT: Office of Communications Tel: (202) 435-7170 CONSUMER FINANCIAL PROTECTION BUREAU CONSIDERS PROPOSAL TO OVERHAUL DEBT COLLECTION MARKET New Protections Would Limit Collector Contact and Help Ensure the Correct Debt is Collected Washington, D.C. – Today the Consumer Financial Protection Bureau (CFPB) outlined proposals under consideration that would… Read More

Advocates Applaud CFPB Proposed Debt Collection Rules but Additional Provisions Are Needed FOR IMMEDIATE RELEASE: JULY 28, 2016 || Contacts:: April Kuehnhoff, Margot Saunders or Jan Kruse, 617-542-8010 (WASHINGTON) New proposed debt collection rules outlined today by the Consumer Financial Protection Bureau (CFPB) will significantly strengthen consumer protections against debt collection abuses, but even stronger action is needed due… Read More

Commission Finds LabMD Liable for Unfair Data Security Practices Stating Company Failed to Protect Consumers’ Sensitive Medical and Personal Information The Federal Trade Commission today announced the issuance of an Opinion and Final Orderreversing an Administrative Law Judge (ALJ) Initial Decision that had dismissed FTC charges against medical testing laboratory LabMD, Inc. In reversing the ALJ… Read More

Prepared Remarks of CFPB Director Richard Cordray on Field Hearing on Debt Collection Sacramento, Calif. July 28, 2016 By Richard Cordray – JUL 28, 2016 Thank you all for coming today. I am glad to be here in California, which has actively sought to protect its consumers from bad debt collection practices. In fact, the… Read More