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Carshield Faces $10M FTC Fine for False Advertising
Manage episode 431871311 series 3557338
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In this episode, Braxton Critcher gives the need-to-know info about CarShield, a company known for offering vehicle service contracts. Braxton highlights a critical quote from Samuel Levine, director of the Federal Trade Commission Bureau of Consumer Protection, emphasizing the deceptive practices that left many consumers with financial headaches. He also explores consumer complaints about false promises, such as rental cars and the ability to choose any repair shop, which often went unfulfilled.
00:00 Carshield experiences and feedback from repair shop users.
04:28 FTC investigates Carshield over false advertising claims.
08:47 Carshield fined $10 million, refunds for false advertising.
11:22 Ensure reputable providers fulfill promises - Carshield advice.
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