Senate debate on financial reform heats up
Now that the Senate floor debate on financial reform has started in earnest, supporters are expected to offer a number of amendments to strengthen the bill so that it better protects consumers from...
View ArticleConsumers pay steep rates for small loans
Need more proof that we need a strong, independent watchdog for consumers as part of the financial reform bill? We just put out a report with the National Consumer Law Center and the Consumer...
View ArticleTurning your cell phone into a wallet could cost you
There’s been a lot of hype lately about how consumers in the U.S. will soon be able to make purchases at stores with a tap of their smartphones. Google was the latest company to jump onto the mobile...
View ArticleSmartphone security threats leave consumers vulnerable to fraud
Is your smartphone protected from hackers? Chances are it’s not. Less than 5 percent of all smartphones are protected by security software, according to a new report by Juniper Research. That means...
View ArticleCU praises appointment of Richard Cordray to head the CFPB
January 4, 2012 Consumers Union praises Cordray appointment to head Consumer Financial Protection Bureau WASHINGTON, D.C. – Consumers Union, the policy and advocacy arm of Consumer Reports, today...
View ArticleNew details announced on Obama’s mortgage crisis investigation
In his State of the Union Address on Tuesday, President Obama announced the creation of a special new joint federal-state Task Force charged with investigating the mortgage crisis and the resulting...
View ArticleFTC announces $2.5 million fine for unfair debt collection practices
Monday, January 30, 2012 FTC Announces $2.5 Million Fine for Unfair Debt Collection Practices More Reforms Needed to Protect Consumers From Abuses WASHINGTON,D.C.– The Federal Trade Commission...
View ArticleConsumer Reports wants to help you get a better credit card deal!
Are you tired of paying a high interest rate on your credit card? Looking for ways to get the most out of rewards programs? It’s time for a credit card makeover! Our colleagues at Consumer Reports...
View ArticleConsumers Union Urges CFPB To Adopt Reforms to Assist Struggling Borrowers...
Flexible Re-Payment & Refinancing Needed For Private Loan Borrowers April 5, 2013 WASHINGTON, D.C. – Consumers Union, the policy and advocacy arm of Consumer Reports, urged the Consumer Financial...
View ArticleCalifornia Governor Brown Signs Debt Collection Reform Bill
Thursday, July 11, 2013 California Governor Brown Signs Debt Collection Reform Bill Bill Will Help Protect Consumers From Unfair Debt Collection Practices SACRAMENTO, CA – Governor Jerry Brown...
View ArticleConsumer Reports Rates Best & Worst Prepaid Cards
Wednesday, November 12, 2014 Report Issued on Eve of November 13 CFPB Field Hearing on Prepaid Cards; Consumers Union Calls for Reforms to Better Protect Consumers YONKERS, NY – Prepaid cards have...
View ArticleCFPB’s Proposed Prepaid Card Rules Offer Important Protections For Consumers
Thursday, November 13, 2014 Consumers Union Urges Financial Watchdog to Adopt Additional Safeguards WASHINGTON, D.C. – The Consumer Financial Protection Bureau (CFPB) is proposing new rules today...
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