FTC-PR-241121-1

JCAP101.com - FTC-PR-241121-1FTC-PR-241121-1 (11-21-24)


FTC Sends Refunds to Consumers Harmed by Credit Bureau Center’s Fake Rental Property Ads and Deceptive Promises of “Free” Credit Reports.

  • Excerpt – The Federal Trade Commission is sending payments totaling nearly $1.9 million to consumers who were harmed by fake rental ads and deceptive promises of “free” credit reports from Credit Bureau Center LLC.In a lawsuit announced in 2017, the FTC alleged that the Credit Bureau Center, formerly known as MyScore LLC, impersonated property owners and offered tours for properties they were not authorized to offer for rent, if consumers first obtained credit reports and scores from their websites. These sites claimed to provide “free” credit reports and scores, but then enrolled consumers in a credit monitoring service with monthly charges of $29.94. Many consumers didn’t realize they were enrolled until they noticed unexpected charges on their bank or credit card statements, sometimes after several billing cycles.“This case demonstrates that the FTC is persistent and tireless in its work to return money to defrauded consumers,” said Samuel Levine, the Director of the Bureau of Consumer Protection. “But it is yet another reminder that Congress must act to restore the FTC’s authority to obtain monetary relief so that when companies break the law, the FTC can get money back for injured consumers effectively and efficiently.”
  • Agency: FTC-PR-2411
  • Categories: Consumer Refunds

Source:  https://www.ftc.gov/news-events/news/press-releases/2024/11/ftc-sends-refunds-consumers-harmed-credit-bureau-centers-fake-rental-property-ads-deceptive-promises


FTC-PR-241121-1 (11-21-24)