Today the Consumer Financial Protection Bureau, or CFPB, announced an action against two “credit card add-on product vendors” — sellers of services such as identity theft protection or credit monitoring — for billing customers for add-on services they never actually received.
The two companies – Intersections, Inc. and Affinion Group Holdings, Inc. (plus various Affinion affiliates) – must pay almost $9.6 million combined in consumer refunds and penalties. The CFPB said that under the proposed consent orders, Affinion would pay $6.8 million to cover refunds for eligible consumers plus an additional $1.9 million in civil penalties, and Intersections would pay $55,000 for refunds and $1.2 million in penalties. Read more at Consumer Affairs....
Choose an identity theft protection service that is rock solid, that has stood the tests of time. LegalShield and Kroll, Inc., each well-known companies for over 40 years, have teamed up to offer you the best identity theft protection service in the world -- IDShield.
To learn more about IDShield, or to become a member, click here.
Call me at
• Independent Life & Health Insurance Agent
• LegalShield & IDSheld Independent Associate & Director