A week after Experian revealed that hackers stole personal information for around 15 million consumers from a database of T-Mobile customers and applicants held by the credit reporting agency, a group of 25 consumer and privacy advocates are demanding that federal regulators open an investigation into the breach.
Five months before Volkswagen was ordered by federal regulators to recall nearly 500,000 sedans that equipped with software that tricked emissions tests, the company sent notices to some owners that their cars were in need of an “emissions service action.” [More]
“Make VW Pay” Campaign Seeks Rebates For Consumers Tricked Into Buying Recalled Clean Diesel Vehicles
While the nearly 500,000 recalled Volkswagen and Audi vehicles may be considered safe to drive, many owners of these cars feel they were tricked into buying them by VW’s “clean diesel” marketing. A new campaign is calling on the carmaker to buy back all of those vehicles — and to refund the owners the full retail price for their cars. [More]
For the past four years, the Consumer Financial Protection Bureau’s Consumer Complaint Database has seen its fair share of consumer issues related to mortgages. In fact, complaints regarding loan modification, collection, foreclosure, loan servicing, payments and escrow accounts continue to be one of the biggest financial thorns in consumers’ sides. And the worst offender? Bank of America. [More]
There’s somewhat of a stark difference between big banks and their smaller counterparts and credit unions in the realm of free checking. Not having to pay for such an account is a big draw for consumers, and according to a new survey from the U.S. Public Interest Research Group, you’ll have much better luck finding gratis checking services at those small banks and credit unions. [More]