Intuit Inc., the maker of the TurboTax tax filing software, is being charged with deceiving consumers with bogus advertisements pitching “free” tax filing that millions of consumers can’t use. The FTC also filed a federal district court lawsuit asking a court to order Intuit to halt its deceptive advertising immediately.
Edfinancial Services, a student-loan servicer, is being sanctioned for making deceptive statements to student loan borrowers and misrepresenting the forgiveness and repayment options to them. Edfinancial deceived borrowers with Federal Family Education Loan Program or FFELP loans about their eligibility.
Equifax, Experian, and TransUnion, the three major credit bureaus, are changing how they’ll treat the reporting of medical debt. Nearly 70 percent of it in collections will be removed from credit reports. Paid medical debt will be erased and any new medical debt won’t be included in credit reports for a year.
Consumers need to accurately declare and pay taxes on their virtual investments. Failure to properly declare and pay taxes on cryptocurrency transactions may be a civil or criminal violation of federal tax law, as well as a violation of state tax law, which could result in steep financial liabilities
Almost half of skin lightening creams tested contained dangerously high levels of mercury but continue to be sold by online retailers such as Amazon, eBay, and Flipkart, according to a report from the Zero Mercury Working Group, an international coalition.
Protect your kids, teens, and elders from poisonings by locking up potentially harmful household products and medications. Nearly nine out of 10 unintentional poisonings occur in the home. Thirty-one children under the age of five die in the U.S. each year from consumer products found in the home
Reckitt is recalling 3.74 million bottles of Airborne Gummies, 63 and 75 count bottles. When opened for the first time, pressure build up in the bottle can cause the cap and underlying seal to pop off with force, posing an injury risk. Reckitt has received 70 reports of the cap or seal popping off the bottles.
As part of an uptick in the Consumer Movement in the 1970s, a federal safety agency – the U.S. Consumer Product Safety Commission – was created. For the past five decades, the CPSC has worked to protect the American public from dangerous and deadly consumer products.
Today, March 13, marks Daylight Saving Time when the U.S. springs forward. You’ve probably already set with many computers and smartphones now changing the time automatically. Remember safety, too, on Daylight Savings Time Day by changing the batteries in smoke and carbon monoxide alarms.
