Real Estate: Banks Excluded From Robo Call Ban
Robo calls are now largely banned, unless the caller has written permission to phone you.
“American consumers have made it crystal clear that few things annoy them more than the billions of commercial telemarketing robocalls they receive every year,– says Jon Leibowitz, Chairman of the Federal Trade Commission. “Starting September 1, this bombardment of prerecorded pitches, senseless solicitations, and malicious marketing will be illegal. If consumers think they’re being harassed by robocallers, they need to let us know, and we will go after them.”
Unfortunately, the Telemarketing Sales Rule (TSR) has some fat exceptions.
For instance: Calls from banks and politicians are not covered by the new prohibition.
Why is a robo call from a bank not an example of a prerecorded pitch, a senseless solicitation, or malicious marketing?
A bank is nothing but a business. Why are banks always a “special case” that require some sort of exemption? If a bank sells mortgage loans, why can it use robo calls to drum up business but not a mortgage broker?
Mind you, the argument is not that mortgage brokers should be allowed to use robo calls, it is instead the idea that banks should not get still-more special preferences.
Politicians, of course, never vote against their own interests, regardless of party affiliation or political creed.
Be sure to sign-up for the FTC’s do-not call list. there’s no cost, and if you get an illegal robo call the fine for that one call can be as much as $16,000.


