Direct Marketing Associates settles FTC charges of misleading car buyers

FTC settlement car buyers
FTC settlement car buyers

Direct Marketing Associates, which solicited potential car buyers using credit reports, settled charges lodged by the Federal Trade Commission that the company lied to consumers with low incomes and poor credit by telling them they had been approved for loans. The company and its owner were penalized $157,000, but that fine was suspended due to its inability to pay, the FTC said.