The Consumer Financial Protection Bureau filed suit this week against All American Check Cashing, Inc., which offers check cashing and payday loans, and its owner, for allegedly tricking and trapping consumers. The complaint alleges that All American tried to keep consumers from learning how much they would be charged to cash a check and used […]
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The Second Circuit Court of Appeals held yesterday that a class-action lawsuit against the Department of Education by former students of a now-defunct for-profit beauty school can proceed. The students sued the Department for aggressive collection tactics against students who likely had the right to discharge their loans. Courthouse News offers this summary: Former […]
The NAACP Legal Defense and Education Fund has released this report on the judicial work of Judge Merrick Garland, some of which relates to the interests of consumers.
We have been asked to announce this to students: The Consumer Protection and Legislation Committees of the Section of Antitrust Law are looking for volunteers to monitor state antitrust and consumer protection legislative developments and when appropriate, draft short legislative updates to post on Connect. The volunteer involvement will consist of monitoring antitrust and consumer […]
Payday lenders will lose access to Google’s biggest online ads network in mid-July. From that point on, search results pages will stop displaying paid marketing from payday lenders. ThinkProgress has the story.
In Nebraska, ProPublica reports, debt collectors frequently sue over medical debts as small as $60 and a simple missed doctor’s bill can quickly land you in court. Filing suit is one of the most aggressive ways to collect debt, but no one tracks how frequently it happens or to whom. An examination of Nebraska’s courts, […]
Troubling new statistics — as reported in the Washington Post.
A recent Consumer Reports survey of 1,005 adults found that more than half of consumers seek out foods with the word "natural" on the label, often in the false belief that the foods were produced without genetically modified organisms, hormones, pesticides, or artificial ingredients. But on food labels, the word does not necessarily mean any […]
Think Progress reports that traditional are planning to jump into the market for low-rate loans after the Consumer Financial Protection Bureau finalizes rules on payday and auto title lending. Relying on an American Banker article (subscription required), it says that at least three major American banks are planning to offer comparable loans at far lower […]
NPR reports: The Texas-based Pastoral Medical Association gives out "pastoral provider licenses" in all 50 states and 30 countries. Some providers call themselves doctors of pastoral medicine. But these licenses are not medical degrees. That has watchdog organizations concerned that some patients may not understand what this certification really means. Listen here.