FTC Shuts Down Bogus Credit Card Robocallers

FTC Shuts Down Bogus Credit Card Robocallers

Three companies that made claims that they could help consumers reduce their credit card interest rates — and then charged fees of up to $1,590 — have been shut down by the Federal Trade Commission. “The last thing debt-ridden consumers need is to be deluged by illegal robocalls – especially when all the calls are offering is a scam,” said FTC Chairman Jon Leibowitz. [More]