Category: Scams & Your Rights
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Credit Acceptance is wiping out more than $630 million in car loans for over 55,000 borrowers automatically under a $700 million deal with 41 attorneys general
Credit Acceptance Corporation is wiping out more than $630 million in car loan balances for more than 55,000 borrowers across the country. The relief is part of a $700 million multistate settlement announced September 17, and borrowers do not have to apply for it. Minnesota Attorney General Keith Ellison’s office says consumers do not need…
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The consumer bureau says it will investigate nine of the largest banks over debanking
The Consumer Financial Protection Bureau says it will investigate the nation’s nine largest national banks over debanking, the practice of denying or restricting customers’ access to banking. The announcement came Oct. 14 and builds on a report from the Office of the Comptroller of the Currency. It is an announced investigation, not an order, a…
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Fraud against older Americans may have cost as much as $119.5 billion last year, far above the roughly $3 billion victims reported to the FTC
The Federal Trade Commission says fraud against older Americans may have cost as much as $119.5 billion in 2025. Victims aged 60 and over told the agency they lost roughly $3 billion, which means the reported figure may capture only a small slice of the harm. The numbers come from the FTC’s annual report to…
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The Western Union fraud-petition deadline moved from August to December 31, extending it for grandparent, sweepstakes and romance scam victims who have not filed
Victims of old wire-transfer scams who sent money through Western Union now have until December 31, 2026 to file a petition for repayment. The Justice Department process had set the deadline at August 19, 2026, and the remission website now says petitions must be postmarked or submitted online on or before December 31. The money…
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Social Security must give each victim of number misuse one specially trained team accountable until the case closes, under a law signed October 7 that starts in 180 days
A new federal law gives people whose Social Security number has been misused a single point of contact at the agency, and that contact stays on the case until it is resolved. The White House says the President signed the bill into law on Wednesday, October 7, 2026, and the change does not start right…
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Rust Consulting is administering the FTC’s Walmart money-transfer refunds, and the agency warns it never asks recipients to pay money or transfer money to get one
The Federal Trade Commission is sending 65,022 checks to people who lost money through Walmart money transfers, and the payments total more than $9.8 million. The FTC announced the mailing on October 15, and Rust Consulting Inc. is the refund administrator handling questions. The agency says the checks should be cashed within 90 days, and…
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The FTC told 24 of the largest health care companies on October 5 that hiding the price of a service may be deceptive under federal law
On October 5, 2026, the Federal Trade Commission sent letters to 24 of the nation’s largest healthcare services companies. The letters say failing to disclose the price of a healthcare service may be deceptive under federal law. They are warnings, not fines or lawsuits. The FTC’s announcement says the letters remind the companies of their…
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The FTC asked on September 24 whether online platforms should have to stop impersonation ads before anyone sees them, citing more than a million imposter-scam reports
The Federal Trade Commission asked the public on September 24, 2026 whether online platforms should be required to stop impersonation ads before they ever reach consumers. The agency pointed to more than 1 million imposter-scam reports it received in 2025. It is a question, not a rule, and no new requirement for platforms exists yet.…
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The FTC warns that scammers sometimes pay to sit at the top of search results during open enrollment, and says to type the address and look for the .gov ending
The Federal Trade Commission is warning that scammers sometimes pay to land at the top of search results during Medicare and Marketplace open enrollment. Its advice is short: type the website name in directly, scroll past the paid ads and look for the .gov ending. The warning matters most for people shopping for a 2027…
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A federal court ordered two Fundsz board members to pay more than $31 million and the founder’s estate to surrender a residence
A federal court in Florida has ordered two board members of a scheme called Fundsz to pay more than $31 million, and has ordered the estate of its founder to give up a house bought with investor money. The Commodity Futures Trading Commission announced the order on September 30, 2026. The agency’s release says the…