CFPB warns consumers against sweepstakes scam
May 14, 2012—Consumer Financial Protection Bureau published a warning to consumers about a potential sweepstakes scam.
May 14, 2012—Consumer Financial Protection Bureau published a warning to consumers about a potential sweepstakes scam.
April 27, 2012—Rep. Pete Stark, D-Calif., wants the federal government to investigate whether one of the nation’s largest medical debt-collection agencies violated federal law.
April 26, 2012—Consumer Financial Protection Bureau has extended by 2 months its deadline for consumers to submit comments that are related to CFPB’s investigation of overdraft fees that banks charge to consumers.
April 24, 2012—Metropolitan Life Insurance will pay out $188 million this year to beneficiaries of life-insurance-policy holders to settle claims that MetLife held on to unclaimed life-insurance policy payouts that should have been given to beneficiaries.
April 12, 2012—Consumer Financial Protection Bureau proposed rules that would require mortgage servicers to be more transparent when they work with homeowners.
April 11, 2012—Department of Justice announced today that it filed a lawsuit against Apple and five publishers for allegedly conspiring to fix prices of e-book titles.
Apr. 4, 2012—Security and Exchange Commission wants to consider public comment before it enacts a proposal to provide more investment disclosures on target-date retirement funds.
April 4, 2012—Federal Trade Commission says membership-rewards program Upromise collected consumers’ personal data without providing proper disclosure or security measures.
March 28, 2012—Bank of America introduced a pilot program that allows struggling homeowners to convert their mortgage to a 3-year lease agreement if they transfer the title to the bank.
March 26, 2012—Consumers who have questions about credit cards and mortgages can find answers at an online database that Consumer Financial Protection Bureau established on March 22.
March 9, 2012—An Illinois resident filed a class-action lawsuit against Spirit Airlines, claiming the carrier’s latest $2 fee amounts to consumer fraud.
March 6, 2012—If you have a problem with your private student loan, you now can file a complaint with the federal government’s Consumer Financial Protection Bureau.
March 1, 2012—Bank of America is poised to punish consumers again by rolling out new fees on checking accounts, The Wall Street Journal reports.
Feb. 28, 2012—For the twelfth year in a row, identity theft is the top consumer complaint, according to an annual list that Federal Trade Commission compiles.
Feb. 23, 2012—The risk of identity theft has increased as the number of people who use mobile communications devices and social-networking websites grows.
Feb. 22, 2012—Consumer Financial Protection Bureau today said it will investigate overdraft fees that banks charge to consumers.
Feb. 17, 2012—First-class-stamp prices will increase to 50 cents if U.S. Postal Service gets it way.
Feb. 16, 2012—The head of Consumer Financial Protection Bureau said today that credit bureaus and debt collectors should be subject to federal oversight, and the agency introduced standards that determine which companies should be supervised.
Feb. 15, 2012—Four companies that sell prepaid calling cards that specifically target U.S. immigrants will have to make minutes and charges clearer to consumers who buy the cards.
Feb. 10, 2012—Although the unprecedented $25 billion mortgage-fraud settlement is a step toward lender accountability, it doesn’t come close to repairing the damage that homeowners suffered in recent years, consumer advocates tell Consumers Digest.
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