Tag Archives: ROSCA

Not Every Payment Processing Case Is the Same – the Latest FTC Case Provides Some Helpful Reminders

Photo of Daniel KaufmanBy Daniel Kaufman on Posted in FTC
Most of the Federal Trade Commission’s (FTC) law enforcement actions involving payment processors have exclusively focused on allegations that processors did not do sufficient due diligence before onboarding questionable merchants. The latest payment processing case, however, has a bit of a novel twist and focuses instead on alleged deceptions aimed at the merchants that were … Continue Reading

The Latest FTC Policy Statement Sets Its Sights on Negative Option Marketing

Photo of Linda A. GoldsteinPhoto of Randal M. ShaheenPhoto of Daniel KaufmanBy Linda A. Goldstein, Randal M. Shaheen and Daniel Kaufman on Posted in FTC, ROSCA
Policy statements are neither rules nor notices of penalty offenses, but when the FTC issues a policy statement discussing an area that has been the subject of a lot of enforcement activity, it warrants serious attention, particularly when the press release discusses ramping up enforcement on “illegal dark patterns that trick or trap consumers.” That’s … Continue Reading

FTC Case Against Rent to Own Company Airs Differences Over Redress, Individual Liability and ROSCA

Photo of Randal M. ShaheenPhoto of Amy Ralph MudgeBy Randal M. Shaheen and Amy Ralph Mudge on Posted in FTC
The Rent to Own industry has been a frequent target of Federal Trade Commission (FTC or Commission) action. While the industry notes that it provides an ownership option for consumers who are unable to pay up front and who may not qualify for traditional credit, critics point to the fact that the final cost of … Continue Reading
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