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Tag Archives: Telemarketing Sales Rule

Success Link Processing Won’t Give Me My Money Back

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Question: Dear Steve, I was enrolled in a program Success Link Processing through a company I saw in the Filipino Channel. The company I saw was Financial Rescue LLC owned by Rod Mercado. He promised us that our problems will go away if we enroll in his program, the said company Success Link Processing LLC. We did not know he ... Read More »

    Telemarketing Sales Rule Changes Impact Debt Relief Companies

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    The Federal Trade Commission is rolling out new changes to the Telemarketing Sales Rule which can impact debt relief companies. The last big update to the Telemarketing Sales Rule (TSR) significantly hit the debt relief industry and wound up closing down a number of debt settlement operations who were collecting advance fees. The TSR is intended to fundamentally be an ... Read More »

      Auto Loan Debt Relief Scammer Banned from Telemarketing, Debt Relief Services Under FTC Settlement

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      Commission Also Approves Final Consent Orders in Two Deceptive Auto Dealership Cases Regency Financial Services, Inc., and its CEO Ivan Levy have agreed to a permanent ban on telemarketing and the advertising, marketing, or sale of any debt relief products or services to settle FTC charges that they falsely promised consumers auto loan modifications and refunds if they failed to ... Read More »

        FTC and Ten State Attorneys General Take Action Against Political Survey Robocallers Pitching Cruise Line Vacations to the Bahamas

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        Settling Defendants to Pay More Than $500,000 in Penalties for Billions of Illegal Robocalls The Federal Trade Commission and 10 state attorneys general have taken action against a Florida-based cruise line company and seven other companies that assisted a massive telemarketing campaign resulting in billions of robocalls. The FTC and state partners allege that that the companies illegally sold cruise ... Read More »

          FTC Goes After Vehicle Loan Debt Relief Assistance Services

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          The Federal Trade Commission recently filed a sealed complaint against Regency Financial Services, Ivan Levy; AKA Fidelity Holdings, Levy Fidelity Holdings, Ivan Levy Regency Holdings, BJI Enterprises. The FTC alleges the following in the complaint: “Since at least 2009, Regency, acting primarily through co-defendant Ivan Levy, has perpetrated a vehicle loan assistance relief services scam. Regency preys on consumers who ... Read More »

            FTC Goes After Debt Relief Companies Who Deal With Payday Loans

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            On February 18, 2015 the Federal Trade Commission filed suit against PSC Administrative, Coastal Acquisitions, Infinity Client Solutions, Infinity Collect, Jared Irby, and Richard Hughes for violations of the Telemarketing Sales Rule. The FTC alleges the Defendants solicited consumers with debt relief services, who owed payday loans. “Defendants have induced consumers to enroll in their program by claiming that they ... Read More »

              FTC Proposes New Rules to Protect Consumers From Being Scammed

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              The Federal Trade Commission is proposing new rules to help protect consumers and is opening a public comment period in which anyone can offer feedback and the ability to comment on the proposed rules. The proposed changes in the Telemarketing Sales Rule, or TSR as many call it, is partially created because of some recent scams that have involved how ... Read More »

                New Life Financial Solutions, 1st United Consultants, and Expense Management America Exposed by Get Out of Debt Guy and Nailed by FTC

                As far back as early 2011, the GetOutOfDebt.org site has been publishing information about and warning consumers about suspicious and concerning practices by a number of interrelated companies promising financial help and foreclosure relief. These schemes were not uncovered by the site alone. Readers and insiders also sent in critical information that led to the unraveling of the operations. From ... Read More »

                  Bullshit Platinum Credit Card Selling Leads to Millions Paid in Fines to FTC

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                  The operators of a Philadelphia-based telemarketing scheme will pay more than $7.5 million to settle Federal Trade Commission charges that they peddled bogus “platinum” credit cards and illegally debited consumers’ bank accounts. Under a settlement with the FTC, Blake Rubin, Chase Rubin, and Justin Diaczuk — the individuals allegedly behind the Platinum Trust Card and Express Platinum Card scam — ... Read More »

                    Americall Will Pay $500,000 To Settle FTC Charges

                    Americall, an Illinois-based telemarketing firm will pay $500,000 civil penalty to settle Federal Trade Commission (FTC) charges that it interfered with consumers’ requests to be placed on company-specific do not call lists and transmitted deceptive Caller ID names. The FTC alleged that Americall Group, Inc violated the FTC’s Telemarketing Sales Rule (TSR) in it’s efforts to prevent unwanted telemarketing calls. ... Read More »

                      FTC Releases New Guide: Debt Relief Services & the Telemarketing Sales Rule: What People Are Asking

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                      I just got word from the FTC they released a new guide to help people understand the new telemarketing sales rule for debt relief products. You’ll find the guide below. You’ll also find that it helps to clarify the rule and slams the door closed on some of the ways people were trying to evade the law with loopholes. Get ... Read More »

                        FTC Testifies Before Senate Hearing Today to Send Debt Settlement to Time Out

                        The Federal Trade Commission today told the U.S. Senate Committee on Commerce, Science, and Transportation that the FTC will continue its stepped-up efforts to protect financially strapped consumers from deceptive and abusive debt relief scams. The testimony, presented by FTC Commissioner Julie Brill, described the FTC’s law enforcement actions, a rule change the agency has proposed to combat deceptive and ... Read More »

                          Florida Attorney General Wants Debt Settlement Companies to Put Up Before You Pay Up

                          Florida Attorney General Bill McCollum today announced that he has co-sponsored a letter to the Federal Trade Commission (FTC), asking it to amend a federal rule that would require debt relief service companies to provide services before collecting any fees. The letter was also sponsored by the Attorneys General of Illinois, Maryland, and Washington. Debt relief is an umbrella term ... Read More »

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