(Ryan)

Proposed Rules Target Fees Collected By Retirement Financial Advisers, Brokers

When visiting a financial adviser for consultation about retirement savings one might assume those counselors have their best interests in mind. Unfortunately, that’s not always the case. To better ensure consultants are working for consumers and not for fees, the Labor Department will propose new rules to increase standards for brokers who recommend investments for retirement accounts. [More]

(Wilfredo Cebrian)

Colleges May Be Violating CARD Act By Not Providing Copies Of Credit Card Agreements

Although the number of agreements between credit card issuers and higher education institutions are on the decline, many of the schools that do have such agreements may be in violation of the Credit Card Accountability, Responsibility, and Disclosure (CARD) Act by not making those contracts publicly and readily available to consumers, according to a new investigation by a consumer group finds. [More]

(Dan Coulter)

Demand That Phone Companies Give Consumers Free Tools To Block Robocalls

While federal regulations and the Do Not Call list have significantly cut down on some auto-dialed, prerecorded messages, the problem of illegal robocalls still persists, mostly because scammers don’t care if they break the law. There are various technologies that phone companies could use to preempt even more of these calls but most consumers don’t have access to them. [More]

Consumer Advocates Ask Congress To Please Consider Actually Helping Consumers This Term

Consumer Advocates Ask Congress To Please Consider Actually Helping Consumers This Term

The new month and new year brought with them a new Congress, and with that comes an all-new legislative agenda. Lawmakers get to start over with the process of introducing bills and hopefully passing some laws, and consumer advocates are calling on the President and all the legislators on Capitol Hill to get moving on an agenda to help American consumers. [More]

The current slate of groups involved in the Stop Mega Comcast Coalition.

More Groups Pile Onto “Stop Mega Comcast” Coalition

Only a month ago, a coalition of more than a dozen groups formed in an effort to work together in stopping the pending merger between Comcast and Time Warner Cable. And while the federal regulatory review process inched forward on this deal, more and more groups have joined in the fight to prevent Comcast from dominating the consumer broadband market in the U.S. [More]

Consumer Advocates Head Back To FCC, Continue Urging Agency To Reject Comcast/TWC Merger

Consumer Advocates Head Back To FCC, Continue Urging Agency To Reject Comcast/TWC Merger

After a long pause, the FCC’s review of the Comcast/TWC merger is back underway. Now, the wave of comments in response to Comcast’s last data dump are starting to roll in, once again asking the agency to block the merger. [More]

(https://www.flickr.com/photos/mississippi_snopes/4074354495/)

Consumer Advocates Shine Spotlight On Too-Common Credit Reporting Errors

By now we know that credit reporting agencies are notoriously difficult to work with when it comes to fixing errors on one’s credit report. While legislators and consumers groups have long called upon credit reporting agencies to provide better service to disputing customers, little has been done to actually affect change. Now, advocates with Consumers Union are putting the spotlight on how devastating these errors can be for consumers. [More]

Consumer Advocates Urge Justice Dept. To Block Comcast/TWC Merger

Consumer Advocates Urge Justice Dept. To Block Comcast/TWC Merger

The FCC isn’t the only agency reviewing the Comcast/Time Warner Cable merger; the Antitrust Division of the Department of Justice is all over it, too. And while the full public doesn’t get to have its riotous say with the DoJ the same way we did with the FCC, businesses and consumer advocates can file in opposition (or support). Our colleagues down the hall at Consumers Union, the advocacy arm of Consumer Reports, have now officially chimed in to ask the DoJ to watch out for the interests of consumers, and block the merger. [More]

(kevinherzig007)

The Best Way For Students To Avoid High Fees With Campus Banking Products Is To Barely Use Them

All around the country, new and returning college students are being handed IDs they can use as debit cards or they’re being told they can have their aid disbursals deposited straight onto a school-branded card. It all seems incredibly convenient, especially for those who have limited experience handling their own finances, but these school-backed banking products are rarely the best available options for students, who could end up being nickel-and-dimed into debt.
[More]

Sterling Davis

Here’s What Netflix, Dish & Others Said To The FCC About The Comcast/TWC Merger

The period for leaving a comment about the Comcast/TWC merger with the FCC closed on Monday. Roughly a zillion members of the public — individuals, nonprofits, state and federal politicians, telecom companies, tech trade groups, and consumer advocates — have weighed in, including several big names in pay TV who are staunchly against the deal. [More]

4 Reasons Consumers Union Has Asked The FCC To Block The Comcast/TWC Merger

4 Reasons Consumers Union Has Asked The FCC To Block The Comcast/TWC Merger

The full regulatory approval process for the Comcast/TWC merger has months left to go, but we’re getting down to the wire on one part of it: the deadline for public comments is Monday. Our colleagues down the hall at Consumers Union, the advocacy arm of Consumer Reports, have now officially asked the FCC to block this thing, and with good reason. [More]

Kate Cox

From AT&T To Verizon: What The Web’s Biggest Players Told The FCC About Net Neutrality

The FCC originally planned to stop taking comments about their net neutrality proposal on Tuesday. But after demand overwhelmed and crashed their antique IT system, they extended the deadline to 11:59 p.m. (EDT) tonight. As of yesterday, well over one million comments had been entered, and that number’s still going up. Clearly, the public cares — but what is the public saying? [More]

CarMax Should Be More Transparent About Selling Recalled Vehicles

CarMax Should Be More Transparent About Selling Recalled Vehicles

When CarMax, the nation’s largest seller of used vehicles, claims each of its “Quality Certified” cars has undergone a “125+ point inspection,” and that only 1-in-3 of the cars it considers is accepted for sale, you might assume this means it isn’t selling recalled vehicles. This is not always true, and a coalition of consumer advocacy groups allege that it’s a case of deceptive marketing. [More]

New Legislation Aims To Ensure Accurate Credit Reports, Provide Free Credit Scores

New Legislation Aims To Ensure Accurate Credit Reports, Provide Free Credit Scores

Even a small inaccuracy on a consumer’s credit report can have long-lasting negative affects. From the most simple computer error to mixing up individual’s data, credit reporting agencies have been known to be hard to work with when trying to fix incorrect data. But that could all change under legislation introduced today that aims to ensure issues like these don’t happen. [More]

Despite Regulations, Survivors Face Foreclosures After Reverse Mortgage Borrower’s Death

Despite Regulations, Survivors Face Foreclosures After Reverse Mortgage Borrower’s Death

There are a number of reasons someone might take out a reverse mortgage: to pay for prescriptions or medial care, to subsidize their daily living expenses or even to settle their fear of becoming a burden to their family. But the product that was designed to keep elderly consumers in their homes is now wreaking havoc on their surviving loved ones. [More]

Lawmakers Call On FCC To Make Complaint Database Accessible To Public

Lawmakers Call On FCC To Make Complaint Database Accessible To Public

Every year, the FCC receives hundreds of thousands of complaints from consumers, but those gripes are rarely made public. That’s why a pair of Senators are urging the Commission to follow the lead of other federal agencies that offer public, searchable databases of complaints. [More]

States’ Attempts To Reform Payday Lending Are Often Just Smoke & Mirrors

States’ Attempts To Reform Payday Lending Are Often Just Smoke & Mirrors

Payday lending has been getting a makeover of sorts recently. A number of banks, including Wells Fargo, have discontinued their payday-like direct deposit advance programs after federal regulators tightened their guidance over the high-cost products. Now, a number of state legislatures are discussing payday lending reform bills, which they say will make short-term loans safer for consumers. But are they truly helpful to those who need them? Not quite, say consumer advocates. [More]

More Than 30 Consumer Groups Urge President To Put Privacy Bill of Rights Into Law

More Than 30 Consumer Groups Urge President To Put Privacy Bill of Rights Into Law

Americans cherish their privacy, but as headline after headline brings alarming news of data breaches, governmental snooping, and data mining, it becomes evident that something needs to be done. That’s why more than 30 civil liberties and consumer advocacy organizations have written President Obama urging him to push for legislation that would make new consumer privacy protections law. [More]