FTC Inks Deal To Halt Loan Site's Alleged Data Misuse

By Allison Grande (January 6, 2022, 10:28 PM EST) -- A loan application website has agreed to pay $1.5 million to resolve the Federal Trade Commission's claims that it sold consumers' Social Security numbers and other sensitive data to unauthorized third parties and used applicants' credit scores for impermissible purposes, according to documents filed in California federal court Thursday.

In a complaint filed along with the proposed settlement, the FTC accused ITMedia Solutions LLC and a host of other entities and executives associated with it of violating the Fair Credit Reporting Act and Section 5 of the FTC Act by misrepresenting with whom it's sharing loan applicants' personal data, falsely claiming...

Stay ahead of the curve

In the legal profession, information is the key to success. You have to know what’s happening with clients, competitors, practice areas, and industries. Law360 provides the intelligence you need to remain an expert and beat the competition.

  • Access to case data within articles (numbers, filings, courts, nature of suit, and more.)
  • Access to attached documents such as briefs, petitions, complaints, decisions, motions, etc.
  • Create custom alerts for specific article and case topics and so much more!


Hello! I'm Law360's automated support bot.

How can I help you today?

For example, you can type:
  • I forgot my password
  • I took a free trial but didn't get a verification email
  • How do I sign up for a newsletter?
Ask a question!