Wow. Go here.

The Consumer Financial Protection Bureau today put out a report about problems with student loan servicing in the military. Among the problems identified: • Military deferments are denied without adequate explanation, applied in a haphazard way, and, in some cases, are approved verbally but never applied to military borrowers’ accounts, resulting in late fees, defaults […]

Read about a University of Buffalo study that found that vehicle type, curb weight and price are all significant predictors of personal injury cost. For every additional $10,000 you spend, injuries go down by almost 12 percent. We also found that for every 1,000-pound increase in weight, vehicles were 19 percent safer. … [S]ome of […]

The Hill reports: A liberal group that advocates for racial and economic reform is using Shark Week on the Discovery Channel to call attention to predatory payday lending practices. National People’s Action (NPA) is comparing marine sharks to payday loan sharks who they say trap 12 million Americans in a devastating cycle of debt annually. […]

By guest blogger Jessica Ranucci In comments filed last week, banking industry groups opposed proposed Department of Education regulations that would crack down on “college card agreements” between universities and banks that affect students who receive Title IV federal education funds. Twenty-five billion dollars in federal Pell Grant and Direct Loan funds is dispersed annually […]

by Paul Alan Levy In a decision issued today, the Washington Court of Appeals has embraced the broad consensus among state and federal courts holding that plaintiffs who want courts to force service providers to provide identifying information about anonymous online speakers must both provide notice to the speakers and present evidence of wrongdoing, for […]

July 1, 2015 – Virginia Resident Sentenced to Prison in Connection with Lottery Scheme Based in Jamaica June 26, 2015 – Former OtisMed CEO Sentenced for Selling Unapproved Surgical Devices June 26, 2015 – First Jamaican Man Extradited to United States in Connection with International Lottery Scheme Sentenced to Prison June 22, 2015 – California […]

The Hill reports: In a push to produce a more transparent regulatory process, federal agencies will review their standards for genetically engineered food, plants and animals, the White House announced on Thursday. The Environmental Protection Agency (EPA), Food and Drug Administration (FDA) and U.S. Department of Agriculture (USDA) will update their “Coordinated Framework,” the regulatory […]

By guest blogger Jessica Ranucci The Consumer Financial Protection Bureau filed complaints last week against two companies that charge consumers for credit card add-ons — such as “credit monitoring” and “identify theft protection” — that the consumers never receive. The two companies, Affinion and Intersections, partnered with banks to sell add-on services. Fees were charged […]