Category Archives: Uncategorized

In odd twist on minimum wage fight, union fights to pay union workers… less?

Unions have successfully pushed counterintuitive carve-outs to minimum wage hikes in California permitting employers to pay union workers less than other workers. Union leaders say they are trying to make unionization more attractive to employers. But union members aren't pleased. The L.A. Times explains.

Payday lender indicted on racketeering charges

The Washington Post reports: The head of a payday lending enterprise accused of charging more than 700 percent interest on short-term loans was indicted Thursday on federal racketeering charges. Charles M. Hallinan, 75, led a group that preyed on customers while taking in nearly $700 million from 2008 to 2013, according to the indictment. Hallinan […]

CFPB director defends agency to Republican senators

The Hill reports: The head of the Consumer Financial Protection Bureau defended its record Thursday to critical Republican senators, who charged it with preferring punitive action over transparent rules and stifling the country’s credit market through unaccountable actions. CFPB Director Richard Cordray told the Senate Banking Committee that the agency's actions to crack down on […]

Law Schools Need Adjuncts to Teach Consumer Law

In a recent post, Jeff Sovern noted that, “About two-thirds of US law schools offer neither a doctrinal course nor a clinic on consumer law, despite the significance of the subject.” In many cases, this is because there are fewer law professors interested in teaching consumer, rather than a conscious effort on the part of […]

NCLC and ACLU sue Dep’t of Education for student-debt collection data

Last week, the National Consumer Law Center and the American Civil Liberties Union sued to enforce a FOIA request to the U.S. Department of Education seeking information on the Department's policies concerning collections on student loan debt. As the press release explains, the groups are concerned about differential treatment of student borrowers of color and […]

FTC returns money to consumers harmed by mortgage relief services scam

In addition to the Federal Trade Commission action described in the blog post below, the FTC also announced yesterday that it is mailing 474 checks totaling more than $33,000 to consumers who lost money to a scheme that charged homeowners an up-front fee for mortgage relief services they promised but never provided. In September 2015, […]