u.s. senate

(Karen Blaha)

Sen. Elizabeth Warren Introduces Bill That Would Make Credit Freezes Free

In the wake of the the massive Equifax customer data breach, many consumers are wondering: Why, exactly, should we be paying the credit bureaus for credit freezes or monitoring when it was one of them that just lost all our personal data? Two U.S. Senators are wondering that, too, and have now introduced a bill to fix it. [More]

dave lewis 88

Senators Ask FTC To Finalize The Contact Lens Rule Already

Readers who wear glasses or contact lenses may be surprised to learn that their doctor is supposed to give them a copy of their prescription without being asked, but it’s true. This is especially important for contact lens wearers, whose right to shop around and buy their lenses from any authorized vendor they like is protected by the Federal Trade Commission. Proposed rules would hold doctors even more accountable, requiring them to report to the FTC that they gave patients copies of their prescriptions. [More]

Your Visa Gift Card Will Self-Destruct If Used Within 24 Hours

Your Visa Gift Card Will Self-Destruct If Used Within 24 Hours

Stephanie bought a $100 Vanilla Visa gift card at her local CVS in Richmond, VA. She went right home and tried to use it to make some purchases online. When the card was declined, she studied the fine print that came with the card: “Funds may not be available for 24 hours after purchase.” So she waited the 24 hours and tried it again the next day. Still no luck. When she called the customer service number she was told to go back to CVS. At CVS, a manager told Stephanie (and apparently many others before her) that by using the card within 24 hours she had rendered her card agreement invalid. Bang, there goes $100.