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Old 01-07-2011, 04:27 PM   #1
Gabriel
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Just in case anyone missed this last month (Restore Online Shoppers' Confidence Act)

Quote:
Online marketing firms that bilked millions of consumers out of more than $1 billion will find it far harder to pick the pockets of online shoppers thanks to a new law passed by Congress.

For years, millions of consumers have been opening their credit card statements and discovering small, recurring charges for services they were tricked into signing up for while shopping online. These third-party "post-transaction" marketers typically offered consumers rebates or discounts when completing a purchase on popular shopping sites.

But due to disclosures buried in fine print, consumers didn't realize that by checking the "yes" box, they were actually enrolling in money-drainers with names like "Reservation Rewards," granting firms permission to bill their credit cards with mystery charges.

Since negative-option plans keep billing until canceled and the monthly charges usually run small, many consumers were charged for months or even years until they realized what was going on.
Rest of article here; http://www.walletpop.com/2011/01/07/...stery-charges/

Red the Bill:
Text of S. 3386 [111th]: Restore Online Shoppers' Confidence Act
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Old 01-07-2011, 07:24 PM   #2
Domain Diva
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I think anything that helps make online shoppers feel more confident when making purchases can only be a good thing .
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