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  Senator Schumer Aims To Regulate Consumer Rebates
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ContributorServo 
Last EditedServo  Jan 04, 2006 01:27pm
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CategoryNews
MediaTV News - New York One News
News DateWednesday, January 4, 2006 07:00:00 PM UTC0:0
DescriptionSenator Charles Schumer is calling on the Federal Trade Commission to enforce a number of regulations on product rebates.

Rebates often sound like a good deal, but many people drawn to a purchase for the rebate, fail to collect on the rebate.

Now, in a letter to the FTC, Schumer suggests a number of regulations, including giving consumers at least 30 days to send in rebate redemption forms and forcing companies to pay within 60 days.
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