10 Things We Learned About The University Of Phoenix’s Alleged Military Marketing Strategy

10 Things We Learned About The University Of Phoenix’s Alleged Military Marketing Strategy

It’s no secret that for-profit colleges receive a large chunk of their revenue from military education benefits. To deter unscrupulous for-profit colleges from unfairly targeting these prospective students, the government has imposed several limitations on just how these companies can recruit servicemembers. But a new report shows that one of the nation’s largest proprietary education institutions – The University of Phoenix – spends millions of dollars to allegedly skirt those rules. [More]

Reports Show NHTSA Failed At First To Properly Investigate GM’s Ignition Switch Defect

Reports Show NHTSA Failed At First To Properly Investigate GM’s Ignition Switch Defect

Recently released internal reports from the National Highway Traffic Safety Administration show that for nearly a decade the agency did little to adequately address concerns regarding the deadly General Motors ignition switch defect. [More]

No Surprise Here: CFPB Finds Reverse Mortgage Ads Create False Impressions

No Surprise Here: CFPB Finds Reverse Mortgage Ads Create False Impressions

Last year, Consumerist reported on why you shouldn’t run out to sign up for a reverse mortgage just because Fred Thompson or other paid spokespeople opine about the benefits in national advertising campaigns. Today, the Consumer Financial Protection Bureau echoed our fears that these ads can be misleading by releasing the results of a focus group and issuing an advisory warning consumers that promotions for the costly product often don’t tell the whole story. [More]

(Chris Goldberg)

Looking To Finance A New Or Used Vehicle? You’re Likely In For The Long-Haul

Purchasing a new or used vehicle can represent quite a commitment for consumers, especially as the length of an average vehicle loan continue to get longer, now reaching all-time highs. [More]

FDA Report Shows Jeni’s Splendid Ice Creams Failed To Adequately Comply With Testing, Cleaning Procedures

FDA Report Shows Jeni’s Splendid Ice Creams Failed To Adequately Comply With Testing, Cleaning Procedures

While Jeni’s Splendid Ice Creams prepares to reopen its scoop shops this weekend, newly released federal investigation reports show the Ohio-based company’s issues date back several years before its public battle with listeria contamination. [More]

(frankieleon)

Warrant: Researcher Claims He Commandeered Flight Through In-Flight Entertainment System

Nearly a month after a government report identified security weaknesses within the airline industry, including the possibility that newer airplanes with interconnected WiFi systems could be hacked, a recently obtained Federal Bureau of Investigation search warrant shows a security researcher claims he briefly took control of an aircraft after hacking into the plane’s in-flight entertainment system. [More]

Xbox One's new live over-the-air network broadcasts could soon include a DVR option.

Microsoft Reportedly Adding DVR Feature To Xbox One Over-The-Air Broadcasts

When Microsoft announced last month that its Xbox One would have the ability to provide users with live over-the-air content from local broadcast networks, the company said the new feature would allow viewers to pause the action for up to 30 minutes. But a half-hour just isn’t a lot of time for today’s busy TV watcher, which is probably why the company is reportedly looking to add a DVR feature to the console [More]

(Mike Mozart)

NHTSA Won’t Open Investigation Into Unintended Acceleration In Toyota Corollas

Toyota will not face another probe regarding unintended acceleration in its vehicles, the National Highway Traffic Safety Administration announced over the weekend. [More]

(Hammerin Man)

GAO Report Finds Airplanes With WiFi Connections May Be Vulnerable To Cyber Attacks

Just as a report found in early February that the newest models of connected cars aren’t adequately guarded from security and privacy hacks, a new report from the U.S. Government Accountability Office found the same issue currently plagues another transportation segment: flying. [More]

(Nazra Z)

Amazon Prime Members Less Likely To Visit Target.com, Walmart.com When Shopping Online

In recent months big box retailers like Walmart and Target have attempted to thwart Amazon’s growing influence over consumers with a variety of new policies such as reducing the minimum purchase required for free shipping and allowing price-matching with the online retailer (although, that effort didn’t’ last long). But, according to a new report, those measure might amount to “too little, too late” when it comes to Amazon Prime shoppers. [More]

(Andy Jones)

Nearly 7% Of Americans Say Their Smartphone Is Their Only Way To Get Online

We may often joke that losing our smartphone would mean being cut off from the outside world. While that’s likely an exaggeration for many consumers, a new report from The Pew Research Center finds Americans’ reliance on smartphones to stay connected with the rest of the world is very real, especially when it comes to accessing the internet. [More]

Auto title loans are currently available in 8,000 stores across 25 states.

Report: Auto Title Loans Just As Bad, If Not Worse Than Payday Loans; Should Face Same Rules

Each year millions of consumers turn to high-interest, short-term loans to make ends meet. While you may be more familiar with payday lenders who charge triple-digit interest rates with the goal of trapping borrowers into taking out new loans to pay off the old ones, a new report finds that payday’s lesser-known relative, auto title loans, have equally destructive repercussions. [More]

(Bill Binns)

FTC Report Alleges Google Used Anti-Competitive Practices Prior To 2013

When conducting a search on Google, consumers have a reasonable expectation that results will show a variety of options related to their inquiry. But a recently disclosed report shows that wasn’t always the case. [More]

(Mike Mozart)

Gasoline Credit Cards Might Not Be Worth The Hassle, High Interest Rates

Saving a few bucks at the gas pump is always nice, but signing on for a gas station-branded credit card might not be the way go about it, according to a new report. [More]

(Adam Fagen)

CFPB Returned $19.4M To 92,000 Consumers In The Last Half Of 2014

Each year the Consumer Financial Protection Bureau supervisory examiners hold hundreds of companies accountable for violations of fair lending and debt collection rules. During the last half of 2014, those actions resulted in the return of $19.4 million to more than 92,000 consumers, according to a new report from the agency. [More]

A majority of consumers say they don't feel financially secure.

Report: Americans Are Optimistic About Their Finances But Few Actually Feel Secure

Americans’ positive feelings about the economy have officially returned to the level they were at on the eve of the Great Recession, according to a new study from Pew Charitable Trusts. While that might sound comforting, it doesn’t mean consumers are actually feeling secure in their own financial stability. [More]