Money News

Telemarketing scheme to pay back consumers

March 15, 2017—Consumers will receive about $7.5 million in redress as the result of a settlement between Federal Trade Communication and the operators of a telemarketing scheme who were charged with bilking millions of dollars from consumers.

CFPB hits at credit bureaus over misleading scores

Jan. 5, 2017—We’ve been aware that credit scores that you might find online aren’t necessarily the same as the ones that lenders use to gauge your creditworthiness when you apply for a loan. Now, two of the three primary credit bureaus are on the hook for saying that they were.

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Related Department Briefs

Volvo concierge service

In December 2016, Volvo launched a pilot program in San Francisco that gives 300 owners of S90 luxury cars or XC90 luxury SUVs the opportunity to use a mobile app to order services, such as a fill-up, maintenance work or a car wash from third-party companies.

More robots in retail

Poor customer service can drive consumers away from a business. Often, service is hampered because employees have to handle tasks that keep them from attending to a customer’s wants and questions.

Trade deals tied to food prices

Throughout the 2016 presidential campaign, Donald Trump talked about the need to renegotiate or abolish many trade deals with foreign governments.

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