Credit Card Marketer Agrees to Court Order

Share this article:
A South Florida credit card marketer agreed to a temporary court order altering its business practices involving charges that it operated an advance-fee credit card scheme, the Federal Trade Commission said yesterday.


Platinum Universal, Hollywood, FL, and its successor entity, Pulsar Data, used outbound telemarketing and direct response broadcast and Internet ads to offer consumers credit cards for fees of $99 to $200, according to the FTC. The "Universal MasterCards," which consumers were told had credit limits of up to $2,500, never arrived, the FTC said.


Some consumers who paid the fee received prepaid debit cards that could be refilled, the FTC said. Others got instructions on how to obtain the debit cards, or received nothing, according to the FTC.


Neither Platinum Universal nor Pulsar Data, which also did business as Universal Card Services, had listings in Hollywood, FL. A court-appointed monitor has been assigned to keep tabs on the activities and assets of the companies and their principals.


Share this article:
You must be a registered member of Direct Marketing News to post a comment.

Sign up to our newsletters

Follow us on Twitter @dmnews

Latest Jobs:

More in News

DMA 2014 Kicks Off Under New Management

DMA 2014 Kicks Off Under New Management

Thomas Benton and Jane Berzan will preside over an event indicative of an association serving a wider array of industry segments.

De Quinto Tapped as Coke's Next CMO

De Quinto Tapped as Coke's Next CMO

The president of the company's Iberia Business Unit will take over from Joe Tripodi upon his retirement in February.

Customer Centricity Is Spurring Marketing-Tech Investments

Customer Centricity Is Spurring Marketing-Tech Investments

A majority of marketers rank customer satisfaction improvements as paramount in the technology investment decisions.