Case is FTC’s First Brought Under the Rule
Washington, DC–(ENEWSPF)–December 20, 2013. Time Warner Cable, Inc. has agreed to settle Federal Trade Commission charges that the company violated the Risk-Based Pricing Rule, which requires creditors to give notice to consumers who are provided less favorable credit terms based on information in their credit reports.
The settlement marks the first enforcement case the agency has brought since finalizing its amended Risk-Based Pricing Rule in 2011.…
