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Business Blog

Back to business #3: Looking for small business financing?

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It’s exciting to see so many “open†signs appearing in store windows across the country. But some companies making the transition to an in-person workplace may find themselves in a short-term cash...
Business Blog

Holding fast to the protections of the Holder Rule

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The FTC’s long-standing Holder Rule requires businesses to include a special notice in credit contracts that gives consumers certain protections. Today, a Staff Note reiterates the Commission’s...
Business Blog

Fighting discrimination in the credit marketplace

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Equal access to credit based on non-discriminatory criteria is an essential component of economic opportunity and a fair marketplace. The Equal Credit Opportunity Act prohibits creditors from denying...
Business Blog

Business owners: Latest COVID scam is directed at you

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Fraudsters have concocted a new COVID-related scam and this time they have businesses in their sights. According to reports, business owners are getting emails that appear to be about government...
Business Blog

Fake government affiliation: A name game no one should play

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What’s in a name? According to an FTC lawsuit filed in April, if you’re an outfit that uses the name “SBA Loan Program†– and you falsely claim to be an approved lender for the Small Business...
Business Blog

Looking for small business financing? Read this first.

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Many small businesses, medical offices, non-profits, and religious organizations turned to a New York company called Richmond Capital for financing, but according to a lawsuit filed by the FTC, they...
Business Blog

FTC challenges tactics of online payday lender

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For a company called Harvest Moon, its business practices sure leave consumers in the dark about key aspects of its payday loans. That’s what the FTC alleges in a case filed in federal court in Nevada...
Business Blog

Big concerns about small business loan pitches

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Many small businesses are looking for a financial life preserver to help them stay afloat until the COVID-19 wave subsides. But joint warning letters just sent by FTC staff and the Small Business...
Business Blog

When the economic impact of COVID-19 hits home

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As companies struggle to stay afloat financially due to the economic reverberations of COVID-19, your employees are facing the same challenges at home. The FTC has something you can share with staff...