On March 9, as part of National Consumer Protection Week, the Federal Trade Commission and National Student Employment Association are presenting a free webinar called "What to Know About College Students, Cryptocurrencies, and Scams." Here is the description: You’ve probably heard of cryptocurrency, but do you know how it works? This webinar will go over […]
New Mexico’s governor has signed a bill reforming predatory lending practices by lowering the cap on small loan interest rates from 175% to 36%. The governor’s press release is here.
Both courtesy of Kathleen Engel: Consumer protection law in the 21st century: Moving to a new Pangaea or a continental drift? 5th Bi-Annual UPICLC University of Pretoria International Consumer Protection Law Conference 15-17 September 2022 Call for Papers The International Review of Financial Consumers. The IRFC, established in 2016 by the International Academy of Financial Consumers […]
So reports George Simons at Bloomberg Law. Excerpt: California, Arizona, and Minnesota are good examples of states attempting to increase access to justice while charging defendants enormous filing fees. These fees are charged for all types of civil lawsuits, but are particularly relevant to debt lawsuits where defendants are being sued because, presumably, they don’t […]
The LA Times and Ralph Nader have already written about it. Here's the press release, which includes links: Hacked by Big Corporations, America’s Civil Justice System Has Crashed, Consumer Advocates Say Report Details Impact on Consumers – and Democracy – of Corporate Attack on the Rule of Law, Proposes New Protections and Legal Procedures Contact: Harvey […]
David Horton of California, Davis has written Forced Remote Arbitration, 108 Cornell Law Review (2022). Here’s the abstract: Courts responded to COVID-19 by going remote. In early 2020, as lockdown orders swept through the country, virtual hearings—which once were rare—became common. This shift generated fierce debate about how video trials differ from in-person proceedings. Now, […]
Here. Excerpt: After years of struggling to make payments that hardly put a dent in the loans she took out to attend a now defunct arts school, Victoria Linssen saw a glimmer of hope. A deal last month between 39 states and Navient, a student lending giant accused of unfairly ensnaring borrowers like her, would […]
The effort was led by Berkeley's Center for Consumer Law and Economic Justice and resulted in production of a series of short memoranda available here. Topics covered include discrimination, arbitration, income share agreements, BNPL, substitution effects of regulation, disclosures, overdraft protections, and more.
Junyuan Ke and Weiguang Wang, both of the University of Rochester – Simon Business School and Natasha Zhang Foutz, Associate Professor of Commerce at the University of Virginia, have written Heterogeneous Consumer Response and Mitigation toward Healthcare Data Breach: Insights from Location Big Data. Here is the abstract: Data breaches pose grave dangers to consumers, […]
The Consumer Financial Protection Bureau today announced reforms in the process for submitting citizen petitions, through which members of the public can request that the agency initiate a new rulemaking, amend an existing rule, or repeal a rule. The CFPB will post petitions on public dockets for review and comment. The CFPB's announcement is here. […]