FTC cracks down on fraudulent credit card pitches – Credit.com News

Credit.com News FTC cracks down on fraudulent credit card pitches Credit.com News With that in mind, the Federal Trade Commission has announced an ongoing crackdown on scam artists who use robocalls to pitch phony credit card interest … Originally posted here: FTC cracks down on fraudulent credit card pitches – Credit.com News

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FTC cracks down on fraudulent credit card pitches – Credit.com News

Nokia files fresh suit in Apple patent fight

Nokia escalated its patent dispute with archrival Apple over smartphone technology, filing a complaint with the US International Trade Commission See more here: Nokia files fresh suit in Apple patent fight

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Nokia files fresh suit in Apple patent fight

Federal Trade Commission: Lower Price Cap for Extra Credit Report Copies and Continued Crackdown on Mortgage Relief Scams

The Federal Trade Commission has announced that it is lowering from $11 to $10.50 the maximum amount that consumer reporting agencies are allowed to charge consumers for an extra copy of their credit report. The Commission announced the reduction in the amount from 2009 to 2010 under the Fair Credit Reporting Act, which requires the FTC each year to revise the cap originally set by statute based on the change in the Consumer Price Index. The fee is rounded to the nearest 50 cents. During this time of economic distress, the FTC reminds consumers that this charge does not apply to the first free copy of their credit report that consumers are entitled to request from each of the nationwide consumer reporting companies – Equifax, Experian, and TransUnion – once every 12 months through www.annualcreditreport.com. For details, see “Your Access to Free Credit Reports” at ftc.gov/credit . Consumers are also entitled to a free report when a company takes adverse action against them (such as denying an application for credit, insurance, or employment) within 60 days of receiving notice of the action. In addition, consumers are entitled to one free report a year if they are unemployed and plan to look for a job within 60 days; they are on welfare; or their report is inaccurate because of fraud, including identity theft. The $10.50 charge applies when a consumer who has received a free annual credit report does not otherwise qualify for an additional free report. The Commission vote to publish a notice in the Federal Register announcing the reduced cap was 4-0. (File No. P075400; staff contact is Clarke W. Brinckerhoff, Bureau of Consumer Protection, 202-326-3208; or Keith B. Anderson, Bureau of Economics, 202-326-3428.)

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Federal Trade Commission: Lower Price Cap for Extra Credit Report Copies and Continued Crackdown on Mortgage Relief Scams

FTC Roundtable to Discuss Debt Collection Litigation; Continued Call for Public Comments

Have something to contribute in regards to Debt Collection Litigation? See below, you can file comments electronically. Personally I feel that lawyers should not be able to be both a debt collector and a attorney at the same time. They should either be attorneys or debt collectors. I guarantee you there would be fewer consumer lawsuits, especially bogus ones. Speak your mind and let the FTC know what you think. —- The Federal Trade Commission will host a public event on consumer protection issues arising when debt collectors sue consumers to recover on a debt. This will be the last in a series of three FTC roundtable discussions on these topics. WHO: “Protecting Consumers in Debt Collection Litigation: A Roundtable Discussion” WHEN: December 4, 2009, 9 a.m. to 5 p.m. Registration – begins at 8 a.m. WHERE: FTC’s Satellite Building Conference Center 601 New Jersey Avenue, N.W., Washington, D.C. 20001 This Roundtable follows up on the Commission’s February 2009 Report, Collecting Consumer Debts: The Challenges of Change – A Workshop Report, which announced that the FTC would hold regional roundtables to help develop policy recommendations related to debt collection litigation and arbitration proceedings. A group of state court judges, government officials, debt collectors and debt buyers, consumer attorneys and advocates, academics, and other stakeholders will discuss topics related to consumer debt collection litigation proceedings, such as service of process, consumer default rates, time-barred debts, evidentiary requirements in collection actions, and post-judgment issues. The Roundtable is free and open to the public. No pre-registration is required. The Commission will also offer a live webcast of the event for those who wish to participate but cannot attend. For details and a link to the webcast, go to http://www.ftc.gov/bcp/workshops/debtcollectround/index.shtm . Interested parties are encouraged to submit written comments or original research relating to debt collection litigation or arbitration proceedings through January 8, 2009. Comments should refer to “Debt Collection Roundtable – Comment, Project No. P094806.” To file electronically, follow the instructions and fill out the form at https://public.commentworks.com/ftc/debtcollectroundtable3 . Paper comments should include the above reference both in the text and on the envelope, and should be mailed or delivered to the following address: Federal Trade Commission, Office of the Secretary, Room H-135 (Annex A), 600 Pennsylvania Avenue, N.W., Washington, DC 20580. Comments containing confidential material, however, must be filed in paper form, must be clearly labeled “Confidential,” and must comply with Commission Rule 4.9(c). The FTC requests that any paper comments be sent by courier or overnight service , if possible, because postal mail in the Washington area and at the Commission is subject to delay due to heightened security precautions. Reasonable accommodations for people with disabilities are available upon request. If you need an accommodation related to a disability, please contact Bevin Murphy at 202-326-3224 or via e-mail at consumerdebtevents@ftc.gov . Your request should include a detailed description of the accommodations you need and a way to contact you if we need more information. Please provide advance notice. Link: FTC Roundtable to Discuss Debt Collection Litigation; Continued Call for Public Comments

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FTC Roundtable to Discuss Debt Collection Litigation; Continued Call for Public Comments

Plano’s Regal Energy sanctioned by Colorado Securities Commission – Dallas Morning News

Plano's Regal Energy sanctioned by Colorado Securities Commission Dallas Morning News “Every investment scam has the same profile: High return, low risk, and you have to do it today,” he said. Denver, Colorado — Colorado Securities … and more

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Plano’s Regal Energy sanctioned by Colorado Securities Commission – Dallas Morning News