Recent Posts
The road ahead
As big wheels in the automotive industry know, the FTC is sponsoring a series of workshops across the country to discuss consumer protection issues related to the sale, financing, and leasing of cars, SUVs, and trucks. The next pit stop for The Road Ahead: Selling and Financing Motor Vehicles is San Antonio, Texas, on August 2-3, 2011.
Swish Marketing decision nets consumers $4.8 million
Thinking about using a pre-checked box to obligate buyers in an online transaction? Maybe you’re considering a negative option arrangement without clearly and conspicuously disclosing the details of the deal. Or perhaps you’re an affiliate marketer who’s concluded that legal compliance is somebody else’s responsibility. A $4.8 million judgment entered by a federal court in California suggests you might want to reconsider those strategies.
MAP-ing out new mortgage protections
It’s called the MAP Rule — and it will help chart the course for people in the market for a mortgage by banning deceptive claims about mortgages in advertising and other commercial communications. If you’re in the mortgage business, it’s worth your time to find out more about the rules of the road.
Demystifying the art of the deal
As businesses executives have noticed, recent changes in the credit laws reflect a move toward more transparency. For example, it’s generally lawful to factor a consumer’s credit history into your decision about what rate to offer them. But last year, the FTC and Federal Reserve Board shed a little more light on that process by implementing the Risk-Based Pricing Rule.
FCRA at 40: It's a matter of interpretation
They say life begins at 40 — so watch what’s happening to the Fair Credit Reporting Act as it enters an exciting new phase of its regulatory career.