Consumer watchdog ends investigation into buy now, pay later company linked to Donald Trump Jr.
The ACCC probes whether energy retailers mislead consumers by promoting expensive plans as savings, amid widespread complaints about confusing pricing and deceptive plan names.
- The Consumer Financial Protection Bureau has dropped its investigation into Credova, a buy now, pay later company linked to Donald Trump Jr., claiming it was biased and politically motivated.
- Donald Sherman, executive director of Citizens for Responsibility and Ethics in Washington, stated that the case's dismissal reflects the 'toxic stew of corruption' in the administration.
- Michael Seifert, CEO of Public Square, stated that the closure of the investigation validates the trust in their company and is a win for their community.
- Despite the investigation's dismissal, there have been over 50 consumer complaints filed against Credova with the CFPB.
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Consumer watchdog ends investigation into buy now, pay later company linked to Donald Trump Jr.
The Consumer Financial Protection Bureau has dropped an investigation into a buy now, pay later company linked to President Donald Trump's son Donald Trump Jr.
·United States
Read Full ArticleConsumer watchdog launches investigation into 'sneaky, confusing' energy retailer tactics
A “super complaint” alleging “sneaky, confusing energy pricing tactics” by Australian electricity retailers has sparked an investigation by the national competition watchdog, amid concerns consumers are being deliberately misled about which energy plans to choose.
Coverage Details
Total News Sources27
Leaning Left5Leaning Right4Center15Last UpdatedBias Distribution63% Center
Bias Distribution
- 63% of the sources are Center
63% Center
L 21%
C 63%
R 17%
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