WebSep 1, 2024 · To settle allegations of credit fraud and identity theft, smart home security and monitoring company Vivint Smart Home, Inc., agreed to pay $20 million to the U.S. Federal Trade Commission (FTC). Vivint allegedly improperly used credit reports to qualify potential clients for financing and failed to set up and adhere to an identity theft ... WebApr 30, 2024 · The FTC said Provo, Utah-based Vivint Smart Homes Inc. has agreed to pay a $15 million civil penalty and an additional $5 million to compensate injured customers. The company said in a statement ...
Vivint Smart Home reaches $20 million FTC settlement over
WebMay 6, 2024 · The FTC alleged that some Vivint sales representatives used a process known as “white paging,” which involved finding another consumer with the same or a similar name on the White Pages app and using that consumer’s credit history to qualify the prospective unqualified customer. Vivint sales representatives also sometimes asked … WebJan 3, 2024 · According to the FTC, Vivint’s deceptive marketing practices included making false claims about the security of its systems and the cost of its service plans. In addition, Vivint allegedly failed to adequately disclose the terms and conditions of its contracts, including the steep cancellation fees that customers may have faced if they tried ... hothouse production
Vivint to pay $20M FTC settlement for misusing credit …
WebMay 7, 2024 · On April 29, 2024, the FTC announced a $20 million settlement with Vivint Smart Home, Inc. (Vivint), a national seller of in-home security and monitoring systems, … WebMay 3, 2024 · The settlement includes $15 million in civil penalties, which represents the largest civil penalty ever paid to resolve FCRA violations under the FTC Act. Vivint Smart … WebOn your side through life’s financial moments. We’re the Consumer Financial Protection Bureau, a U.S. government agency dedicated to making sure you are treated fairly by … hothouse rose 2 cast