Time Warner Cable to Pay $1.9 Million Over Notice Rule
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Time Warner Cable Inc. agreed to pay $1.9 million to settle Federal Trade Commission claims it failed to provide required notice to consumers when it used information from their credit reports to require them to pay a deposit or prepay for their first month’s cable service.
Time Warner Cable violated the Risk-Based Pricing rule, which requires creditors to inform customers if they’re given less favorable terms as a result of negative information in their credit reports, the FTC said in a statement today.