While a recent survey found that nearly 35% of consumers have never pulled their credit report, a new report from the Consumer Financial Protection Bureau points out that some of those consumer might not have anything on their reports anyway. [More]
Today the FTC lodged a contempt charge against scammy no-credit-needed electronics seller BlueHippo, saying that the company hasn’t honored its prior agreement to stop scamming customers. BlueHippo agreed to pay back $3.5 million nearly two years ago to reimburse customers who never received the computers they pre-paid for, but the FTC says since then the company has sucked another $15 million out of customers.
Four benjamins will no longer get you an iPhone, now that Apple is requiring credit cards for all iPhone purchases. The new policy, which is billed as an anti-piracy initiative, also prevents customers from buying more than two iPhones per visit. Apple claims the policy went into effect this Thursday, however we received the following tip more than a week ago: