Extended Warranty Company CarChex Facing Huge FTC Settlement for Deceptive Practices

Some extended auto warranty and service contract providers have earned a bad rap over the years for deceptive business practices and harassing potential customers. One of the most well-known names in the industry is now facing a significant fine for its deeds. CarShield has agreed to pay $10 million to the Federal Trade Commission over claims that it deceived customers with its advertising.

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