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Compliance

FTC Settles With Avant Over Deceptive Collection Practices

The Federal Trade Commission and Avant, LLC have reached a settlement that will see the online lender return $3.85 million back to consumers after it was accused of engaging in unfair and deceptive collection practices. Avant was accused of withdrawing payments for loans from the bank accounts of customers or …

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Consumer Advocate Blasts Collectors For Making ‘Enormous’ Number of Robocalls

Companies collecting debts “make an enormous number” of robocalls and many of those callers are “repeatedly and flagrantly” violating the Telephone Consumer Protection Act, “paying off consumers” when they are sued and “then continuing their patterns of calling,” claimed Margot Saunders, the senior counsel of the National Consumer Law Center, …

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