Category: FTC

$505 Million in Refunds Sent to Payday Loan Customers From the Federal Trade Commission

If you took out an online payday loan from a company affiliated with AMG Services, you may be getting a check in the mail from the FTC. The $505 million the FTC is returning to consumers makes this the largest refund program the agency has ever administered.

VIDEO: Federal Trade Commission Warns Against Scammers Posing as Tech Support Companies

You’re working on your computer when, suddenly, a message pops up on the screen: “Virus detected! Call now for a free security scan and to repair your device.” That’s a tech support scam. Don’t call, text, or email. Legit tech support companies don’t operate that way.

VIDEO: FTC Warns Perfume-Like Insect Repellents Claims Not Based on Scientific Evidence

The idea of a perfume-like insect repellent that safeguards against dangerous mosquito-borne illnesses may sound great. But before making a rash decision, take a moment to consider whether the claims a company makes about its products are truly accurate.