USPIRG & CDD urge Regulatory Safeguards for Online Lending Industry

By: Jeff Chester | Sep 30 2015

The Center for Digital Democracy (CDD) and the U.S Public Interest Research Group (USPIRG) filed comments today in response to the Treasury Department’s request for information (RFI) on “Expanding Access to Credit through Online Marketplace Lending.” Specifically, the department sought public comment on (1) the various business models of and products offered by online marketplace lenders to small businesses and consumers; (2) the potential for online marketplace lending to expand access to credit to historically underserved market segments; and (3) how the financial regulatory framework sho

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U.S. Public Interest Group and Center for Digital Democracy Urge FTC to Protect Consumers from Unfair Lead Generation Practices in Comments filed for Oct. workshop

By: Jeff Chester | Sep 19 2015

The FTC requested that comments for the upcoming October 30, 2015 workshop on lead generation be submitted by September 20th so that issues could be addressed during the sessions.  USPIRG and CDD submitted initial comments, which are attached below and also summarized.  One of our findings from a recent analysis of the online "lead gen" marketplace was that digital industry leaders--including Google and Facebook--engage and support online lead generation in ways that raise substantive consumer protection concerns.  USPIRG and CDD have been working for the last several years to encourage pol

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CDD files Amicus brief on Spokeo case for the Supreme Court

By: Jeff Chester | Sep 11 2015

CDD has filed an amicus curiae brief in a potentially landmark case now before the Supreme Court—Spokeo, Inc. v. Robins—in which the corporate plaintiff seeks to overturn a decision of the Ninth Circuit Court that Thomas Robins has standing to bring suit against Spokeo (a self-proclaimed “leading people search platform using proprietary technology to organize information into comprehensive yet easy-to-understand online profiles”) for violation of the Fair Credit Reporting Act (FCRA).

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