National Payment Network, Inc.; Proposed Consent Order To Aid Public Comment, 17430-17432 [2015-07406]

Download as PDF 17430 Federal Register / Vol. 80, No. 62 / Wednesday, April 1, 2015 / Notices 5. Aggregation of National Endangered Species Act (ESA) data by the FIFRA Endangered Species Task Force. 6. States use of EPA developed benchmarks for pesticides in water. 7. State managed pollinator protection plan measures. 8. Endocrine Disruptor Screening Program. 9. Design for the Environment (DfE) survey results. 10. Oregon neonicotinoid ban. 11. Drift Reduction Technology (DRT) Program and the Spray Drift PR Notice. 12. Respirator label language in the label review manual. III. How can I request to participate in this meeting? This meeting is open for the public to attend. You may attend the meeting without further notification. Authority: 7 U.S.C. 136 et seq. Dated: March 25, 2015. Patricia L. Parrott, Acting Director, Field and External Affairs Division, Office of Pesticide Protection. [FR Doc. 2015–07494 Filed 3–31–15; 8:45 am] BILLING CODE 6560–50–P ENVIRONMENTAL PROTECTION AGENCY Dated: March 25, 2015. Jim Ketcham-Colwill, Interim Designated Federal Officer, Clean Air Act Advisory Committee, Office of Air and Radiation. [FRL–9925–68–OAR] Clean Air Act Advisory Committee (CAAAC): Notice of Meeting [FR Doc. 2015–07491 Filed 3–31–15; 8:45 am] BILLING CODE 6560–50–P Environmental Protection Agency (EPA). ACTION: Notice of meeting. AGENCY: mstockstill on DSK4VPTVN1PROD with NOTICES FEDERAL RESERVE SYSTEM The Environmental Protection Agency (EPA) announces upcoming public meetings of the Clean Air Act Advisory Committee (CAAAC). The EPA established the CAAAC on November 19, 1990, to provide independent advice and counsel to EPA on policy issues associated with implementation of the Clean Air Act of 1990. The Committee advises on economic, environmental, technical, scientific and enforcement policy issues. Dates & Addresses: Pursuant to 5 U.S.C. App. 2 Section 10(a) (2), notice is hereby given that the CAAAC will hold its next face-to-face meeting on April 22, 2015, tentatively from 8:30 a.m. to 4:00 p.m. at the Crowne Plaza Washington National Airport hotel, 1480 Crystal Drive, Arlington, VA 22202. Inspection of Committee Documents: The committee agenda, confirmed times SUMMARY: VerDate Sep<11>2014 18:37 Mar 31, 2015 Jkt 235001 for the meetings, and any documents prepared for these meetings will be publicly available on the CAAAC Web site at http://www.epa.gov/oar/caaac/ prior to the meeting. Thereafter, these documents, together with CAAAC meeting minutes, will also be available on the CAAAC Web site or by contacting the Office of Air and Radiation Docket and requesting information under docket EPA–HQ– OAR–2004–0075. The docket office can be reached by email at: a-and-r-Docket@ epa.gov or FAX: 202–566–9744. FOR FURTHER INFORMATION CONTACT: For more information about the CAAAC, please contact Jim Ketcham-Colwill, Interim Designated Federal Officer (DFO), Office of Air and Radiation, U.S. EPA by email at ketcham-colwill.jim@ epa.gov or by telephone at (202) 564– 1676. Additional information about this meeting, CAAAC, and its subcommittees can be found on the CAAAC Web site: http://www.epa.gov/ oar/caaac/. For information on access or services for individuals with disabilities, please contact Lorraine Reddick at (202) 564– 1293 or reddick.lorraine@epa.gov, preferably at least 10 days prior to the meeting to give EPA as much time as possible to process your request. A. Federal Reserve Bank of Minneapolis (Jacquelyn K. Brunmeier, Assistant Vice President) 90 Hennepin Avenue, Minneapolis, Minnesota 55480–0291: 1. Joel Sanders, Oakland, California, and James N. Sanders, Plymouth, Minnesota, as trustees of the Joel Sanders GRAT dated December 1, 2014, Oakland, California (GRAT); Sheva Sanders, Minneapolis, Minnesota, as a voting member of Rifkind Sanders, LLC, Minneapolis, Minnesota (LLC); Miriam Sanders, Minneapolis, Minnesota, as trustee of the Disclaimer Trust, Minneapolis, Minnesota (Disclaimer Trust); and Jerel Shapiro and Judith Shapiro, both of Minneapolis, Minnesota, as trustees of both the Judith T. Shapiro GST Trust, Minneapolis, Minnesota (JTS Trust), and the Jonathan J. Tychman Non-Exempt Trust, Minneapolis, Minnesota (JJT Trust), for retroactive permission for the GRAT, LLC, Disclaimer Trust, JTS Trust, and JJT Trust to join the Tychman/Sanders group, which controls 25 percent or more of The Tysan Corporation, Minneapolis, Minnesota, and thereby indirectly gain control of Lake Community Bank, Long Lake, Minnesota, and Pine Country Bank, Little Falls, Minnesota. In addition, Jerel Shapiro and Judith Shapiro individually, and as trustees, of several Tychman/Sanders Group Trusts, to retain 25 percent or more of the shares of The Tysan Corporation, Minneapolis, Minnesota. Board of Governors of the Federal Reserve System, March 27, 2015. Michael J. Lewandowski, Assistant Secretary of the Board. [FR Doc. 2015–07445 Filed 3–31–15; 8:45 am] Change in Bank Control Notices; Acquisitions of Shares of a Bank or Bank Holding Company BILLING CODE 6210–01–P The notificants listed below have applied under the Change in Bank Control Act (12 U.S.C. 1817(j)) and § 225.41 of the Board’s Regulation Y (12 CFR 225.41) to acquire shares of a bank or bank holding company. The factors that are considered in acting on the notices are set forth in paragraph 7 of the Act (12 U.S.C. 1817(j)(7)). The notices are available for immediate inspection at the Federal Reserve Bank indicated. The notices also will be available for inspection at the offices of the Board of Governors. Interested persons may express their views in writing to the Reserve Bank indicated for that notice or to the offices of the Board of Governors. Comments must be received not later than April 16, 2015. FEDERAL TRADE COMMISSION PO 00000 Frm 00045 Fmt 4703 Sfmt 4703 [File No. 132 3285] National Payment Network, Inc.; Proposed Consent Order To Aid Public Comment Federal Trade Commission. Proposed Consent Agreement. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair or deceptive acts or practices. The attached Analysis to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. SUMMARY: E:\FR\FM\01APN1.SGM 01APN1 Federal Register / Vol. 80, No. 62 / Wednesday, April 1, 2015 / Notices Comments must be received on or before April 27, 2015. ADDRESSES: Interested parties may file a comment at https://ftcpublic.comment works.com/ftc/natpaynetconsent online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘National Payment Network, Inc.—Consent Agreement; File No. 132 3285’’ on your comment and file your comment online at https:// ftcpublic.commentworks.com/ftc/ natpaynetconsent by following the instructions on the web-based form. If you prefer to file your comment on paper, write ‘‘National Payment Network, Inc.—Consent Agreement; File No. 132 3285’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex D), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex D), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Daniel Dwyer, Bureau of Consumer Protection, (202) 326–2957, 600 Pennsylvania Avenue NW., Washington, DC 20580. SUPPLEMENTARY INFORMATION: Pursuant to section 6(f) of the Federal Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34, notice is hereby given that the above-captioned consent agreement containing consent order to cease and desist, having been filed with and accepted, subject to final approval, by the Commission, has been placed on the public record for a period of thirty (30) days. The following Analysis to Aid Public Comment describes the terms of the consent agreement, and the allegations in the complaint. An electronic copy of the full text of the consent agreement package can be obtained from the FTC Home Page (for March 26, 2015), on the World Wide Web at: http://www.ftc.gov/ os/actions.shtm. You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before April 27, 2015. Write ‘‘National Payment Network, Inc.—Consent Agreement; File No. 132 3285’’ on your comment. Your comment—including your name and your state—will be placed on the public record of this proceeding, including, to the extent practicable, on the public Commission Web site, at http://www.ftc.gov/os/ publiccomments.shtm. As a matter of mstockstill on DSK4VPTVN1PROD with NOTICES DATES: VerDate Sep<11>2014 18:37 Mar 31, 2015 Jkt 235001 discretion, the Commission tries to remove individuals’ home contact information from comments before placing them on the Commission Web site. Because your comment will be made public, you are solely responsible for making sure that your comment does not include any sensitive personal information, like anyone’s Social Security number, date of birth, driver’s license number or other state identification number or foreign country equivalent, passport number, financial account number, or credit or debit card number. You are also solely responsible for making sure that your comment does not include any sensitive health information, like medical records or other individually identifiable health information. In addition, do not include any ‘‘[t]rade secret or any commercial or financial information which . . . is privileged or confidential,’’ as discussed in section 6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR 4.10(a)(2). In particular, do not include competitively sensitive information such as costs, sales statistics, inventories, formulas, patterns, devices, manufacturing processes, or customer names. If you want the Commission to give your comment confidential treatment, you must file it in paper form, with a request for confidential treatment, and you have to follow the procedure explained in FTC Rule 4.9(c), 16 CFR 4.9(c).1 Your comment will be kept confidential only if the FTC General Counsel, in his or her sole discretion, grants your request in accordance with the law and the public interest. Postal mail addressed to the Commission is subject to delay due to heightened security screening. As a result, we encourage you to submit your comments online. To make sure that the Commission considers your online comment, you must file it at https:// ftcpublic.commentworks.com/ftc/ natpaynetconsent by following the instructions on the web-based form. If this Notice appears at http:// www.regulations.gov/#!home, you also may file a comment through that Web site. If you file your comment on paper, write ‘‘National Payment Network, Inc.—Consent Agreement; File No. 132 3285’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade 1 In particular, the written request for confidential treatment that accompanies the comment must include the factual and legal basis for the request, and must identify the specific portions of the comment to be withheld from the public record. See FTC Rule 4.9(c), 16 CFR 4.9(c). PO 00000 Frm 00046 Fmt 4703 Sfmt 4703 17431 Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex D), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex D), Washington, DC 20024. If possible, submit your paper comment to the Commission by courier or overnight service. Visit the Commission Web site at http://www.ftc.gov to read this Notice and the news release describing it. The FTC Act and other laws that the Commission administers permit the collection of public comments to consider and use in this proceeding as appropriate. The Commission will consider all timely and responsive public comments that it receives on or before April 27, 2015. You can find more information, including routine uses permitted by the Privacy Act, in the Commission’s privacy policy, at http://www.ftc.gov/ftc/privacy.htm. Analysis of Proposed Consent Order To Aid Public Comment The Federal Trade Commission (‘‘FTC’’) has accepted, subject to final approval, an agreement containing a consent order from National Payment Network, Inc., also known as NPN, Inc. The proposed consent order has been placed on the public record for thirty (30) days for receipt of comments by interested persons. Comments received during this period will become part of the public record. After thirty (30) days, the FTC will again review the agreement and the comments received, and will decide whether it should withdraw from the agreement and take appropriate action or make final the agreement’s proposed order. The respondent is a company that offers an auto payment program to consumers financing a motor vehicle. The matter involves its advertising of the auto payment program to consumers. According to the FTC complaint, respondent has represented that consumers who enroll in its biweekly payment program in order to pay off their auto-financing contract will save money, often including a specific amount of savings in interest. Respondent failed to disclose, however, that it charged fees that in many cases offset any savings under the program, and also failed to disclose the total amount of these fees. These facts would be material to consumers in their decision to enroll in respondent’s biweekly payment program. The complaint alleges therefore that respondent’s failure to disclose the E:\FR\FM\01APN1.SGM 01APN1 mstockstill on DSK4VPTVN1PROD with NOTICES 17432 Federal Register / Vol. 80, No. 62 / Wednesday, April 1, 2015 / Notices above-mentioned facts is a deceptive practice in violation of section 5 of the FTC Act. The proposed order is designed to prevent respondent from engaging in similar deceptive practices in the future. Section I prohibits respondent from representing that a payment program or add-on product or service will save consumers money, including interest, unless the amount of savings is greater than the total amount of fees associated with the product or service or any qualifying information is clearly and conspicuously disclosed. Section I also prohibits respondent from representing that a payment program or add-on product or service will save any consumer a specific amount of money, including interest, unless the specified amount is the amount of savings after deducting any fees or any qualifying information relating to savings is clearly and conspicuously disclosed. Section II of the proposed order prohibits respondent from making misrepresentations related to any payment programs, including regarding the existence, amount, timing, or manner of any fees, the program’s benefits, performance, or efficacy, or the ability of any payment program to affect consumer credit. Section III of the proposed order prohibits respondent from making misrepresentations related to any addon products or services, including regarding the total costs of the add-on and the benefits, performance, or efficacy of the add-on, any restrictions or conditions associated with the addon, the nature or terms of any refund, cancellation, or exchange of an add-on and that any add-on product can improve, repair or otherwise affect a consumer’s credit. Section IV requires respondent to substantiate any representations about the benefits, performance or efficacy of any add-on product or service or any payment program. Section V prohibits respondent from collecting cancellation fees from consumers who have finished paying off their financing contract through NPN’s Plan. Section VI of the proposed order requires respondent to pay consumers two million four hundred and seventyfive thousand dollars ($2,475,000.00) in monetary relief. The proposed order permits respondent to pay the monetary relief amount by: (1) Refunding customers a total of $1,526,000.00 within thirty days of service of the order; (2) waiving an additional $949,000.00 in fees for current customers. If respondent is unable to provide refunds or fee waivers in the VerDate Sep<11>2014 18:37 Mar 31, 2015 Jkt 235001 stated amount, it must remit the balance to the Commission. Section VII of the proposed order requires respondent to keep copies of relevant advertisements and materials substantiating claims made in the advertisements. Section VIII requires that respondent provide copies of the order to certain of its personnel. Section IX requires notification of the Commission regarding changes in corporate structure that might affect compliance obligations under the order. Section X requires the respondent to file compliance reports with the Commission. Finally, section XI is a provision ‘‘sunsetting’’ the order after twenty (20) years, with certain exceptions. The purpose of this analysis is to aid public comment on the proposed order. It is not intended to constitute an official interpretation of the complaint or proposed order, or to modify in any way the proposed order’s terms. By direction of the Commission. Donald S. Clark, Secretary. [FR Doc. 2015–07406 Filed 3–31–15; 8:45 am] BILLING CODE 6750–01–P FEDERAL TRADE COMMISSION [File No. 132 3285] Matt Blatt Inc. and Glassboro Imports, LLC; Proposed Consent Order To Aid Public Comment Federal Trade Commission. Proposed Consent Agreement. AGENCY: ACTION: The consent agreement in this matter settles alleged violations of federal law prohibiting unfair or deceptive acts or practices. The attached Analysis to Aid Public Comment describes both the allegations in the draft complaint and the terms of the consent order—embodied in the consent agreement—that would settle these allegations. DATES: Comments must be received on or before April 27, 2015. ADDRESSES: Interested parties may file a comment at http:// ftcpublic.commentworks.com/ftc/ mattblattconsent online or on paper, by following the instructions in the Request for Comment part of the SUPPLEMENTARY INFORMATION section below. Write ‘‘Matt Blatt Inc. and Glassboro Imports, LLC Consent Agreement; File No. 1323285’’ on your comment and file your comment online at http://ftcpublic.commentworks.com/ ftc/mattblattconsent by following the instructions on the web-based form. If SUMMARY: PO 00000 Frm 00047 Fmt 4703 Sfmt 4703 you prefer to file your comment on paper, write ‘‘Matt Blatt Inc. and Glassboro Imports, LLC Consent Agreement; File No. 1323285’’ on your comment and on the envelope, and mail your comment to the following address: Federal Trade Commission, Office of the Secretary, 600 Pennsylvania Avenue NW., Suite CC–5610 (Annex D), Washington, DC 20580, or deliver your comment to the following address: Federal Trade Commission, Office of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, Suite 5610 (Annex D), Washington, DC 20024. FOR FURTHER INFORMATION CONTACT: Daniel Dwyer, Bureau of Consumer Protection, (202) 326–2957, 600 Pennsylvania Avenue NW., Washington, DC 20580. SUPPLEMENTARY INFORMATION: Pursuant to Section 6(f) of the Federal Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34, notice is hereby given that the above-captioned consent agreement containing consent order to cease and desist, having been filed with and accepted, subject to final approval, by the Commission, has been placed on the public record for a period of thirty (30) days. The following Analysis to Aid Public Comment describes the terms of the consent agreement, and the allegations in the complaint. An electronic copy of the full text of the consent agreement package can be obtained from the FTC Home Page (for March 26, 2015), on the World Wide Web at: http://www.ftc.gov/ os/actions.shtm. You can file a comment online or on paper. For the Commission to consider your comment, we must receive it on or before April 27, 2015. Write ‘‘Matt Blatt Inc. and Glassboro Imports, LLC Consent Agreement; File No. 1323285’’ on your comment. Your comment— including your name and your state— will be placed on the public record of this proceeding, including, to the extent practicable, on the public Commission Web site, at http://www.ftc.gov/os/ publiccomments.shtm. As a matter of discretion, the Commission tries to remove individuals’ home contact information from comments before placing them on the Commission Web site. Because your comment will be made public, you are solely responsible for making sure that your comment does not include any sensitive personal information, like anyone’s Social Security number, date of birth, driver’s license number or other state identification number or foreign country equivalent, passport number, financial account number, or credit or debit card E:\FR\FM\01APN1.SGM 01APN1

Agencies

[Federal Register Volume 80, Number 62 (Wednesday, April 1, 2015)]
[Notices]
[Pages 17430-17432]
From the Federal Register Online via the Government Printing Office [www.gpo.gov]
[FR Doc No: 2015-07406]


=======================================================================
-----------------------------------------------------------------------

FEDERAL TRADE COMMISSION

[File No. 132 3285]


National Payment Network, Inc.; Proposed Consent Order To Aid 
Public Comment

AGENCY: Federal Trade Commission.

ACTION: Proposed Consent Agreement.

-----------------------------------------------------------------------

SUMMARY: The consent agreement in this matter settles alleged 
violations of federal law prohibiting unfair or deceptive acts or 
practices. The attached Analysis to Aid Public Comment describes both 
the allegations in the draft complaint and the terms of the consent 
order--embodied in the consent agreement--that would settle these 
allegations.

[[Page 17431]]


DATES: Comments must be received on or before April 27, 2015.

ADDRESSES: Interested parties may file a comment at https://ftcpublic.commentworks.com/ftc/natpaynetconsent online or on paper, by 
following the instructions in the Request for Comment part of the 
SUPPLEMENTARY INFORMATION section below. Write ``National Payment 
Network, Inc.--Consent Agreement; File No. 132 3285'' on your comment 
and file your comment online at https://ftcpublic.commentworks.com/ftc/natpaynetconsent by following the instructions on the web-based form. 
If you prefer to file your comment on paper, write ``National Payment 
Network, Inc.--Consent Agreement; File No. 132 3285'' on your comment 
and on the envelope, and mail your comment to the following address: 
Federal Trade Commission, Office of the Secretary, 600 Pennsylvania 
Avenue NW., Suite CC-5610 (Annex D), Washington, DC 20580, or deliver 
your comment to the following address: Federal Trade Commission, Office 
of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, 
Suite 5610 (Annex D), Washington, DC 20024.

FOR FURTHER INFORMATION CONTACT: Daniel Dwyer, Bureau of Consumer 
Protection, (202) 326-2957, 600 Pennsylvania Avenue NW., Washington, DC 
20580.

SUPPLEMENTARY INFORMATION: Pursuant to section 6(f) of the Federal 
Trade Commission Act, 15 U.S.C. 46(f), and FTC Rule 2.34, 16 CFR 2.34, 
notice is hereby given that the above-captioned consent agreement 
containing consent order to cease and desist, having been filed with 
and accepted, subject to final approval, by the Commission, has been 
placed on the public record for a period of thirty (30) days. The 
following Analysis to Aid Public Comment describes the terms of the 
consent agreement, and the allegations in the complaint. An electronic 
copy of the full text of the consent agreement package can be obtained 
from the FTC Home Page (for March 26, 2015), on the World Wide Web at: 
http://www.ftc.gov/os/actions.shtm.
    You can file a comment online or on paper. For the Commission to 
consider your comment, we must receive it on or before April 27, 2015. 
Write ``National Payment Network, Inc.--Consent Agreement; File No. 132 
3285'' on your comment. Your comment--including your name and your 
state--will be placed on the public record of this proceeding, 
including, to the extent practicable, on the public Commission Web 
site, at http://www.ftc.gov/os/publiccomments.shtm. As a matter of 
discretion, the Commission tries to remove individuals' home contact 
information from comments before placing them on the Commission Web 
site.
    Because your comment will be made public, you are solely 
responsible for making sure that your comment does not include any 
sensitive personal information, like anyone's Social Security number, 
date of birth, driver's license number or other state identification 
number or foreign country equivalent, passport number, financial 
account number, or credit or debit card number. You are also solely 
responsible for making sure that your comment does not include any 
sensitive health information, like medical records or other 
individually identifiable health information. In addition, do not 
include any ``[t]rade secret or any commercial or financial information 
which . . . is privileged or confidential,'' as discussed in section 
6(f) of the FTC Act, 15 U.S.C. 46(f), and FTC Rule 4.10(a)(2), 16 CFR 
4.10(a)(2). In particular, do not include competitively sensitive 
information such as costs, sales statistics, inventories, formulas, 
patterns, devices, manufacturing processes, or customer names.
    If you want the Commission to give your comment confidential 
treatment, you must file it in paper form, with a request for 
confidential treatment, and you have to follow the procedure explained 
in FTC Rule 4.9(c), 16 CFR 4.9(c).\1\ Your comment will be kept 
confidential only if the FTC General Counsel, in his or her sole 
discretion, grants your request in accordance with the law and the 
public interest.
---------------------------------------------------------------------------

    \1\ In particular, the written request for confidential 
treatment that accompanies the comment must include the factual and 
legal basis for the request, and must identify the specific portions 
of the comment to be withheld from the public record. See FTC Rule 
4.9(c), 16 CFR 4.9(c).
---------------------------------------------------------------------------

    Postal mail addressed to the Commission is subject to delay due to 
heightened security screening. As a result, we encourage you to submit 
your comments online. To make sure that the Commission considers your 
online comment, you must file it at https://ftcpublic.commentworks.com/ftc/natpaynetconsent by following the instructions on the web-based 
form. If this Notice appears at http://www.regulations.gov/#!home, you 
also may file a comment through that Web site.
    If you file your comment on paper, write ``National Payment 
Network, Inc.--Consent Agreement; File No. 132 3285'' on your comment 
and on the envelope, and mail your comment to the following address: 
Federal Trade Commission, Office of the Secretary, 600 Pennsylvania 
Avenue NW., Suite CC-5610 (Annex D), Washington, DC 20580, or deliver 
your comment to the following address: Federal Trade Commission, Office 
of the Secretary, Constitution Center, 400 7th Street SW., 5th Floor, 
Suite 5610 (Annex D), Washington, DC 20024. If possible, submit your 
paper comment to the Commission by courier or overnight service.
    Visit the Commission Web site at http://www.ftc.gov to read this 
Notice and the news release describing it. The FTC Act and other laws 
that the Commission administers permit the collection of public 
comments to consider and use in this proceeding as appropriate. The 
Commission will consider all timely and responsive public comments that 
it receives on or before April 27, 2015. You can find more information, 
including routine uses permitted by the Privacy Act, in the 
Commission's privacy policy, at http://www.ftc.gov/ftc/privacy.htm.

Analysis of Proposed Consent Order To Aid Public Comment

    The Federal Trade Commission (``FTC'') has accepted, subject to 
final approval, an agreement containing a consent order from National 
Payment Network, Inc., also known as NPN, Inc. The proposed consent 
order has been placed on the public record for thirty (30) days for 
receipt of comments by interested persons. Comments received during 
this period will become part of the public record. After thirty (30) 
days, the FTC will again review the agreement and the comments 
received, and will decide whether it should withdraw from the agreement 
and take appropriate action or make final the agreement's proposed 
order.
    The respondent is a company that offers an auto payment program to 
consumers financing a motor vehicle. The matter involves its 
advertising of the auto payment program to consumers. According to the 
FTC complaint, respondent has represented that consumers who enroll in 
its biweekly payment program in order to pay off their auto-financing 
contract will save money, often including a specific amount of savings 
in interest. Respondent failed to disclose, however, that it charged 
fees that in many cases offset any savings under the program, and also 
failed to disclose the total amount of these fees. These facts would be 
material to consumers in their decision to enroll in respondent's 
biweekly payment program. The complaint alleges therefore that 
respondent's failure to disclose the

[[Page 17432]]

above-mentioned facts is a deceptive practice in violation of section 5 
of the FTC Act.
    The proposed order is designed to prevent respondent from engaging 
in similar deceptive practices in the future. Section I prohibits 
respondent from representing that a payment program or add-on product 
or service will save consumers money, including interest, unless the 
amount of savings is greater than the total amount of fees associated 
with the product or service or any qualifying information is clearly 
and conspicuously disclosed. Section I also prohibits respondent from 
representing that a payment program or add-on product or service will 
save any consumer a specific amount of money, including interest, 
unless the specified amount is the amount of savings after deducting 
any fees or any qualifying information relating to savings is clearly 
and conspicuously disclosed.
    Section II of the proposed order prohibits respondent from making 
misrepresentations related to any payment programs, including regarding 
the existence, amount, timing, or manner of any fees, the program's 
benefits, performance, or efficacy, or the ability of any payment 
program to affect consumer credit.
    Section III of the proposed order prohibits respondent from making 
misrepresentations related to any add-on products or services, 
including regarding the total costs of the add-on and the benefits, 
performance, or efficacy of the add-on, any restrictions or conditions 
associated with the add-on, the nature or terms of any refund, 
cancellation, or exchange of an add-on and that any add-on product can 
improve, repair or otherwise affect a consumer's credit.
    Section IV requires respondent to substantiate any representations 
about the benefits, performance or efficacy of any add-on product or 
service or any payment program.
    Section V prohibits respondent from collecting cancellation fees 
from consumers who have finished paying off their financing contract 
through NPN's Plan.
    Section VI of the proposed order requires respondent to pay 
consumers two million four hundred and seventy-five thousand dollars 
($2,475,000.00) in monetary relief. The proposed order permits 
respondent to pay the monetary relief amount by: (1) Refunding 
customers a total of $1,526,000.00 within thirty days of service of the 
order; (2) waiving an additional $949,000.00 in fees for current 
customers. If respondent is unable to provide refunds or fee waivers in 
the stated amount, it must remit the balance to the Commission.
    Section VII of the proposed order requires respondent to keep 
copies of relevant advertisements and materials substantiating claims 
made in the advertisements. Section VIII requires that respondent 
provide copies of the order to certain of its personnel. Section IX 
requires notification of the Commission regarding changes in corporate 
structure that might affect compliance obligations under the order. 
Section X requires the respondent to file compliance reports with the 
Commission. Finally, section XI is a provision ``sunsetting'' the order 
after twenty (20) years, with certain exceptions.
    The purpose of this analysis is to aid public comment on the 
proposed order. It is not intended to constitute an official 
interpretation of the complaint or proposed order, or to modify in any 
way the proposed order's terms.

    By direction of the Commission.
Donald S. Clark,
Secretary.
[FR Doc. 2015-07406 Filed 3-31-15; 8:45 am]
 BILLING CODE 6750-01-P