Fraudtoday and the Federal Trade Commission

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“We are not an affiliation with the FTC, and the information provided here within is simply our understanding of the FTC roles, regulations, and rules. For exact information please see www.ftc.gov.”

Numerous measures are initiated to ensure a fair and free market. The Federal Trade Commission (FTC) was formed by the government with the sole purpose to prevent unfair methods of competition in commerce. As time passed congress gave the FTC the authority to adopt industry-wide trade regulations, resulting in the enforcement of many consumer credit protection laws including the Fair Debt Collection Practices Act (FDCPA), Fair Credit Reporting Act (FCRA), and the Fair Credit Billing Act (FCBA).

Still think Fraudtoday can’t protect you from a Scam?

Protecting consumers against unfair business practices is the Federal Trade Commissions main goal and similar to the FTC, Fraudtoday has made a commitment to do what’s best for our clients. This is why Fraudtoday has teamed up with the Federal Trade Commission and is an FTC rules compliant company. In 2010 to prevent fraud, deception and scamming, the FTC revised a major set of rules within the Fair Debt Collection Practices Act. These revisions shook the debt relief industry, and even-though the FTC’s goal was to give consumers the best possible outcome for services they were seeking, the changes virtually eliminated the entire trade. By no longer allowing companies to charge upfront fees, the Federal Trade Commission forced illegitimate companies out of the picture and lawful companies to continue performing in the best interest of consumers.

We hope that by collaborating with the Federal Trade Commission skeptics will appreciate the credibility of Fraudtoday. With the release of many articles composed of the scams and tricks that debt relief agencies are capable of, Fraudtoday believes that following these rules and regulations is what sets us apart from other companies. We aspire to be a company free of scams and cons so that the public can place their trust in our organization and capture their dream of becoming financially secure.

About Jason Lessard