FTC Settles on Fee-Based Credit Card Violations

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The Federal Trade Commission announced last week that Brent Chivers, doing business as Credit Card Services and Destyni Enterprises, agreed to pay $85,000 in a settlement of charges that the company violated the FTC Act and the Telemarketing Sales Rule.

The FTC said Chivers falsely represented that consumers would get a credit card after paying an advance fee of $79. Many consumers received nothing after paying the fee or got applications for a secured credit card or requesting additional fees, the FTC said.

Along with the $85,000, a suspended judgment of $250,000 will be reinstated if it is found that Chivers lied on his financial statement.

The settlement prohibits him from offering credit for a fee or from representing a high likelihood of success in obtaining a card if a fee is paid. He also is prohibited from selling customer lists.


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