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ARTICLE · 03 DECEMBER 2025

FTC Updates November 17 – 21, 2025

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The FTC cracked down on a business providing business loans and lines of credits to US consumers...

United StatesConsumer Protection

The FTC cracked down on a business providing business loans and lines of credits to US consumers. It also reiterated its commitment to maintaining competition and helping to keep fuel prices stable. This and more after the jump.

November 17, 2025

Bureau of Consumer Protection: Advertising and Marketing, Credit and Finance

  • The FTC obtained a final order against Seek Capital and its founder and CEO, Roy Ferman ("Ferman"), in response to a complaint filed in November 2024. The complaint alleged that Seek Capital and Ferman focused on new and aspiring small business owners looking for financial assistance through loans or credit lines to launch or grow their businesses. Seek Capital's marketing promised to use "special relationships" with lenders to secure interest-free cash access for long durations. Contrary to these claims, the FTC alleged that Seek Capital charged consumers thousands up front to open credit cards, frequently without the guaranteed 0%

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