Tag Archives: FTC

Putting Caffeine Into Underwear Doesn’t Help You to Lose Weight

It sounds so ridiculous that millions of people actually thought it might work. The claim in question was that underwear infused with such things as caffeine could help the person wearing it to lose weight. On Monday, the Federal Trade … Continue reading

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Google Agrees with FTC to Refund Childrens’ Unauthorized App Purchases

More good news has come this week for parents who’ve been hit with unexpected credit card charges due to children making unauthorized in-app purchases. Google has agreed to refund $19 million to parents whose children were able to make purchases … Continue reading

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Does Credit Karma Ask for Too Much Sensitive Financial Information to be Safe?

Credit Karma provides credit tools and financial monitoring services to help consumers keep track of their credit report and score. While they have a number of no-cost services, the main two are giving consumers their free credit score and free … Continue reading

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FTC Approves Credit Karma & Fandango Settlement for Failing to Secure Data

It’s what has been expected. The Federal Trade Commission (FTC) approved the settlements with both Credit Karma and Fandango for their failure to take reasonable steps to secure their mobile apps. By not doing so, both companies made the sensitive … Continue reading

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OkCupid Joins Facebook in an Admission That It Manipulated Users

OkCupid joins Facebook in admitting that it has manipulated its users. The popular American dating site owned by IAC works by providing users with ratings, or compatibility scores, based on questions they answer about their own personalities and interests. It … Continue reading

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FTC Claims Amazon Illegally Billed Parents Millions of Dollars for In-App Purchases

Mobile apps have figured out a clever (and lucrative) way to make money. The profit doesn’t lie in selling the game itself, but selling the user in-game advantages which allows for greater progression and easier advancement. These in-app purchases are … Continue reading

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Credit Karma Has Its BBB Rating Fall Due to FTC Settlement

The Credit Karma settlement with the FTC seems to have hurt its Better Business Bureau (BBB) rating. While many of its competitors have a rating of “A” or “A+” with the BBB, Credit Karma only has a “B” rating. This … Continue reading

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EPIC Fail: Facebook Study Provokes Formal Complaint from Privacy Group

On Thursday, the Electronic Privacy Information Center (EPIC) filed a complaint against Facebook with the Federal Trade Commission (FTC), requesting the company be investigated. The thirteen page complaint (PDF) states Facebook “purposefully messed with people’s minds” in order to conduct … Continue reading

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Steps to Avoid T-Mobile Third-Party Cramming Scams

The Federal Trade Commission (FTC) complaint alleging T-Mobile tacitly let their customers get scammed out of hundreds of millions of dollars while the company profited in the process should be a wake-up call to all. T-Mobile likely isn’t the only … Continue reading

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T-Mobile Scam: FTC Alleges T-Mobile Bilked Customers Out of Over $100,000,000

The Federal Trade Commission (FTC) isn’t too happy with mobile phone service provider T-Mobile. They allege T-Mobile has been bilking their customers out of hundreds of millions of dollars by charging them monthly premium subscriptions which were, in many cases, … Continue reading

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LifeLock Junior Child Identity Theft Protection Review

We have noted that LifeLock isn’t a scam, but it’s also something you really don’t need. The problem with all identity theft protection plans is they can’t actually protect your identity from being stolen. All they can do is help … Continue reading

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What Does Dave Ramsey Think About Timeshares?

While I don’t always agree with the financial advice that Dave Ramsey gives to his listeners, we’re both on the same page when it comes to timeshares. Ramsey doesn’t have a high regard for them, and he believes that people … Continue reading

Posted in Financial Videos, Personal Finance, Timeshares, Travel | Tagged , , , , , , , , | 13 Comments

FTC Warns of Timeshare Resale Scams

If you own a timeshare and have attempted to sell it, you already know that it’s a far more difficult process than you ever imagined it would be. The main issue is that there are far more of these vacation … Continue reading

Posted in Personal Finance, Timeshares, Travel | Tagged , , , , , , , | 15 Comments