(Hammerin Man)

Defense Dept. Aims To Close Predatory Lending Loopholes For Military Personnel

While the Military Lending Act aims to protect military personnel and their families from predatory lenders’ often unsavory lending practices that include high interest rates and excessive fees, it still allows for clever lenders to get their hooks into borrowers. That’s why the Obama Administration and the Department of Defense announced a proposed overhaul of the rules – much to consumer advocates’ delight. [More]

(molly)

CFPB: Reverse Mortgages Still A Risky Financial Decision Despite Some Added Protections

The decision to take out a reverse mortgage should never be taken lightly, and the Consumer Financial Protection Bureau wants to make sure consumers are considering all of the perks and numerous pitfalls. [More]

(Consumerist Dot Com)

Chrysler Recalls 350,000 Vehicles For A Variety Of Ignition Switch Issues

After going three days without a vehicle recall we now return you to your regularly scheduled programing – er, recall notice. Chrysler announced today that it would voluntarily call back nearly 350,000 vehicles for ignition switch issues. [More]

Xavier J. Peg

From Ketchup-Tasting To Funeral Home Flirting, How Consumerist Readers Paid For College Without Loans

One day long ago someone made a joke to the effect that if you wanted to pay your way through college you’d have to work as a stripper. While I’m sure stripping is a very lucrative career, there are thousands of other ways to pay for your higher education – and some don’t even require taking out burdensome student loans. [More]

(northernplateguy)

U.S. Bank Ordered To Refund Customers $48M For Deceptive Add-Ons

Promising consumers a service and then never delivering on that promise is not a good way to do business. When those services are meant to protect consumers’ bank accounts, then you’re likely going to be in trouble with the Consumer Financial Protection Bureau. Such was the case today when the CFPB ordered U.S. Bank to pay more than $57 million in refunds and penalties for allegedly deceptive banking practices. [More]

The Dog That Brings Royal Dutch Airline Passengers Lost Items Is A Fakety-Fake, But He’s Still Adorable

Remember the super cute beagle we told you about yesterday? You know, the one that runs around the Amsterdam Airport Schipol returning lost items to Royal Dutch Airline Passengers. Well I am utterly heartbroken (although I should have seen this coming) to report that he’s a fraud. Of course, he’s a living breathing dog, but he won’t be returning your misplaced items anytime soon. Sherlock was used as an illustration of how KLM’s Lost & Found team works to reunite passengers with their belongings. [Factually] [More]

(frankieleon)

Missing Ketchup Prompts Alleged BB Gun Shooting At McDonald’s Drive-Thru

Everyone knows that ranch is the preferred dipping sauce when it comes to McDonald’s french fries. Okay, fine it might not be for everyone. But no matter what condiment you choose, getting less than you think you deserve doesn’t mean it’s okay to shoot the drive-thru window with a BB gun. [More]

The number of students defaulting on some federal loans within three years of beginning repayment has decreased.

650,000 Student Loan Borrowers Who Began Repayment In 2011 Have Defaulted On Federal Loans

Maybe more consumer are realizing the long-lasting negative effects that can come from not repaying their student loans. Or maybe not. we don’t really know why, but we do know that the number of borrowers defaulting on some federal student loans is decreasing. [More]

(David Transier)

Southwest To Start Flying Some Planes With Biofuels Made From Forest Waste As Early As 2016

Over the years there have been a number of fuel alternatives proven to power vehicles: from cooking oil to solar panels. Still we weren’t exactly prepared for planes that fly on forest remnants. But apparently it’s possible and Southwest plans to implement the use of those biofuels in at least some flights as soon as 2016. [More]

Sherlock The Beagle Will Return The Items You Left On The Plane – If You’re In Amsterdam, That Is

Sherlock The Beagle Will Return The Items You Left On The Plane – If You’re In Amsterdam, That Is

Have you ever stepped off a plane only to realize that you left something behind? That shock of panic you typically feel may be a little less jarring if you’re flying Royal Dutch Airlines to Amsterdam Airport Schipol, thanks in part to the airlines new lost and found service that employs a friendly, furry, four-legged secret weapon. [More]

Walmart Continues Acting Like A Bank, Now Offering Low-Fee Checking Accounts

Walmart Continues Acting Like A Bank, Now Offering Low-Fee Checking Accounts

It appears that Walmart is taking consumers’ willingness to do their banking outside of traditional banks to heart. The mega-retailer unveiled plans today that would put low-cost checking accounts into the hands of just about any consumer across the country. [More]

PayPal Kinda, Sorta Starts Accepting Bitcoin As Payment But Only For A Very Select Group

PayPal Kinda, Sorta Starts Accepting Bitcoin As Payment But Only For A Very Select Group

A very select group of merchants who use PayPal now have another option when it comes to receiving payments. The digital wallet company will soon offer digital goods sellers the ability to accept bitcoin as payment through its Payments Hub service. [More]

Coca-Cola, Pepsi And Dr Pepper Create Unholy Alliance To Cut Consumers’ Sugary Drink Calories

Coca-Cola, Pepsi And Dr Pepper Create Unholy Alliance To Cut Consumers’ Sugary Drink Calories

The crusade to end – or at the very least reduce – consumers’ love affair with sugary soft drinks received a huge boost Tuesday from the very companies that make the libations. Coca-Cola, PepsiCo and the Dr Pepper Snapple Group pledged today to substantially cut their contributions to the calories Americans consume. [More]

Krispy Kreme Makes Homer Simpson Jealous, Delivers Massive Box Of 2,400 Doughnuts

Krispy Kreme Makes Homer Simpson Jealous, Delivers Massive Box Of 2,400 Doughnuts

So you picked up a dozen tasty doughnuts for the office this morning; that probably made you feel like a pretty good co-worker, right? Well Krispy Kreme officially put your measly 12 toruses of delicious dough to shame, by delivering a single, gigantic box of 2,400 doughnuts to a public relations firm in the United Kingdom. [More]

Man Sues Costco For $670,000 After Receipt-Checking Incident Leaves Him With A Broken Leg

Man Sues Costco For $670,000 After Receipt-Checking Incident Leaves Him With A Broken Leg

Over the years we’ve told you about all kinds of crazy situations – from pepper-sprayed employees to arrested customers – that arose when a consumer refused to show their receipt when leaving stores like Sam’s Club and Best Buy. Now a man in Oregon is suing Costco for $670,000, claiming that a receipt-checking dispute left him with a broken leg. [More]

Artist Claims Someone Stole Her Painting From Etsy And Is Now Selling It Through Walmart

Artist Claims Someone Stole Her Painting From Etsy And Is Now Selling It Through Walmart

For millions of artists Etsy.com offers a personalized marketplace to sell hand-crafted, unique items without the hassle of mass production or working with national retailers. Only that’s not how it’s working for one artist who claims her painting is being sold through Walmart’s website without her permission. [More]

San Francisco Chinese Restaurant Temporarily Closes Because Pleasing Everyone Is A Waste Of Time

San Francisco Chinese Restaurant Temporarily Closes Because Pleasing Everyone Is A Waste Of Time

You just can’t please everyone. And if you try, you’re likely to get frustrated and maybe even lash out at others. That sounds like a situation that unfolded in a San Francisco restaurant recently when the chef-owner abruptly closed the place down. [More]

Shareholder Says Darden Restaurants Sold Red Lobster Too Soon & For Too Little

Shareholder Says Darden Restaurants Sold Red Lobster Too Soon & For Too Little

You may remember that earlier this summer Darden Restaurants sold off its not-so-profitable Red Lobster chain for $2.1 billion citing slow business. Well, things might not have been so dire for the seafood chain, a new lawsuit pitting a Darden’s shareholder against the board shows. [More]