Even though recent surveys indicate that the overwhelming majority of Americans want more regulation of payday lending, federal lawmakers are attempting to strip the Consumer Financial Protection Bureau of any authority over these short-term, high-cost loans. [More]
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‘Financial Choice Act 2.0’ Would Eliminate Government’s Ability To Go After Shady Payday Loan Operations
By 4.21.17 — Updated: 5.9.17
Group Files Complaint About American Airlines’ Allergy Pre-Boarding Policy
By 1.16.17
In many cases, airlines will do everything they can to accommodate passengers with severe allergies: from refraining from passing out complimentary peanuts to allowing travelers to board early to prepare their spaces. But one group claims that American Airline’s policies aren’t so accommodating, filing a federal complaint against the carrier. [More]
Lawmakers Continue Crusade To Rein In For-Profit Colleges Targeting Servicemembers
By 11.10.15
In recent months federal regulators and government agencies have increased scrutiny of for-profit colleges and their interactions with servicemembers, veterans and their families. Today, lawmakers furthered that mission by introducing legislation that would restore previous limits on how much money these educational institutions can receive from the federal government via military benefits and other programs. [More]
Senators Introduce Legislation To Close Federal Funding Loophole Exploited By For-Profit Colleges… Again
By 6.24.15
Legislators continued their crusade to rein in the abuses of predatory for-profit college institutions by introducing a measure today that would close a funding loophole that often led the schools to target certain consumers in order to pad their bottom line. [More]
College Board & ACT Sued For Selling Personal Info Of Test-Takers
By 10.31.13
As anyone who took the ACT or SAT tests remembers, shortly after you get your scores, your mailbox is flooded with brochures, pamphlets, and catalogs from schools that want your tuition money. This isn’t a coincidence, as The College Board and ACT, Inc. — the companies behind these tests — sells test-takers’ information to colleges. But a new lawsuit alleges that this practice is a breach of contract as it’s done without the test-takers’ consent. [More]
Forced Arbitration: As Fair As A Sucker Punch
By 4.27.09
We at Consumerist really hate mandatory binding arbitration, the faux-legal sucker punch that companies deliver when they screw up and you try to sue, and so should you. We’ve talked about its evils a lot, but no one can describe this legal abomination as well as the victims themselves, so this week we’ll let them speak.
Is Volkswagen Violating The Fair Debt Collection Practices Act?
By 9.27.08
Tim’s neighbor received a call from VW Credit asking her to walk across the street and leave a note on her neighbors’ front door and VW Bug asking them to call back their creditor. Calls like these are known as block parties, and they are a direct violation of the Fair Debt Collection Practices Act.
Cattleprod Loan Servicers To Answer Your Loan Modification Requests
By 7.14.08
If you’re trying to get your mortgage modified or just a question answered but find yourself stymied by your loan servicer’s slow or lack or response, you can write what is termed a qualified written request (QWR) under section 6 of Respa, The Real Estate Settlement Procedures Act. Under federal law, they have to acknowledge the letter within 20 working days and respond in 60. Inside, a template to follow for drafting a QWR…
Act's Large Bottle Of Mouthwash May Say 2x, But It's Really Half The Strength
By 3.9.08
Act mouthwash may look like it comes in two sizes, but according to Mouseprint, the large and small bottles are actually entirely different products. The labeling looks largely the same until you get to the active ingredient. The small bottle contains .05% of sodium fluoride while the large bottle contains .02%. Hit the jump for Act’s sneaky explanation.
