Visa, FTC and BBB Partner to Educate Consumers about Online Scams
Visa Inc. joined the Federal Trade Commission and the Better Business Bureau in a press conference on Dec. 17, 2009 to alert consumers to online deceptive marketing practices associated with free trials with a negative option feature.
According to a Visa survey, 29 percent of American consumers have fallen victim to deceptive marketing when unscrupulous e-commerce merchants require them to cancel or opt-out of a recurring charge for future products or services.
With free trials with a negative option feature, a company takes a consumers failure to cancel as permission to begin charging. While many merchants use this billing process appropriately, others pre-check consent boxes, bury the details of the offers in the terms and conditions and make cancellations or returns difficult, catching consumers in a cycle of recurring cha
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READ THIS FOR DETAILS: Here is my story, complete with screen shots, of how e*trade deposited a large sum of money into my account when they were not supposed to, I IMMEDIATELY called it in with NO plans to do anything but rectify the situation, then THEY ADVISED ME THAT THIS COULDN’T BE A MISTAKE and that the money was mine to deal with and that no action would be taken without first contacting me. Then without telling me a thing and me ONLY acting on their advice, they took the $1000 I had originally invested AND MADE ME PAY THEM $218.05 MORE!!! Again, I reported before touching it, had no plans to touch it, but after first calling in as an honest consumer, was advised that they had no fault, basically the customer service guy didn’t have a clue and where he should have confirmed my thoughts that I should not touch it, he actually did just the opposite. E*trade acknowledged their fault but refused to fix the situation when they found they were above the courts and my ability to press them. As if the objective reports you can find all over are not enough, I hope this will help turn you all away from e*trade and force them to accept responsibility, practice integrity and at least adopt a form of customer service. Look elsewhere, the other services are much better.
The Energy Subcommittee on Commerce, Trade, and Consumer Protection holds a hearing, “Comprehensive Children’s Product Safety and Consumer Product Safety Commission Reform Legislation.” Acting Chair Nancy Nord of the Consumer Product Safety Commission will testify, amongst others. Rep. Jan Schakowsky gives opening remarks.
Microsoft CEO Steve Ballmer opened up the largest consumer technology trade show in the world with a tone that was both reflective and energized, but without living up to much — if any — of the anticipation that preceded the speech.
I participated in a study that shared a bunch of information about Fair Trade. I felt compelled to make something of the information. Here is the result.
chrysler bankrupt market goes up record high continuing unemployment claims market goes up record high borrowing by government market goes up swine flu market goes up US exports drop market goes up bernanke has printed so much money gas prices are about to go much higher
If Ming isn’t going to do it, I will!
http://www.socialmediatrafficblueprint.com
A look at how you can impact people all over the world through your spending power. Fair Trade is the people whole make products. Fair Trade products are a bridge to economic freedom. Fair Trade is you.
Cappnonymous helps to expose ebay once again.