Demand Progress Asks FTC to Probe Self Over False Equifax Advertising Claim
The FTC should investigate itself for potential false and deceptive advertising about the Equifax settlement, the Demand Progress Education Fund wrote the agency Monday. The FTC led consumers to believe they could collect $125 as part of the settlement, but…
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in reality the deal didn’t include enough money for all consumers to collect, wrote Executive Director David Segal: “The FTC should fine itself enough to ensure that all those impacted by the breach, and the false advertising related to the attendant settlement, receive the full $125 for which the FTC made them believe they were eligible.” The agency declined comment.