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Home » FTC Bars Online ‘Lender’ From Deceptive Practices
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FTC Bars Online ‘Lender’ From Deceptive Practices

December 15, 2003
An Internet operation that advertised 3.95 percent, 30-year mortgages to obtain sensitive financial information from consumers has been barred due to violation of federal lending and privacy laws. The settlement requires the principals of 30 Minute Mortgage Inc. to post $1 million bonds before sending unsolicited commercial spam in the future. The settlement also bar misrepresentations in the advertising of any goods or services on the Internet and
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