SCAMS

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]