The federal and state governments are incorporating FTC Act (Section-5), FTC telemarketing sales rules and Uniform Debt Management Services Act into their legislation. With the implementation of these new laws, it will be improper and unlawful for ordinary professionals to identify themselves as debt arbitrators. Therefore, it has become very important for them to get [...]

The Federal Trade Commission has warned more than 18 websites providing free credit report that have unable to comply with the Federal rules and regulations. The FTC states that they need to disclose the fact that a free report is available under federal law. According to the amendment of the Free Credit Reports Rule by [...]

The Federal Trade Commission (FTC), in order to maintain control over the debt-service industry, has enacted certain additional restrictions to the Telemarketing Sales Rule (TSR). According to FTC, these restrictions are essential to increase the agency’s control over the debt-relief providers.

The Federal Trade Commission (FTC) is all set to modify the notices that credit bureaus provide to consumers in accordance with the provisions of the Fair Credit Reporting Act (FCRA).

The new Telemarketing Sales Rule of the Federal Trade Commission is all set to give a tough fight to the menace of debt relief scams from September, 2010.