Millions of Consumers Harmed by Bank’s Deceptive Marketing and Unfair Billing of Credit Card Add-On Products and Services, and Other Unlawful Practices The Consumer Financial Protection Bureau (CFPB) has ordered Citibank, N.A. and its subsidiaries…
The documents also raise questions about the accuracy of the Red Cross’ count of how many Haitians it helped, concluding the figures on one project were “fairly meaningless.” by Justin Elliott, ProPublica, and Laura Sullivan…
Discover’s Illegal Servicing Practices Affected Private Student Loan Borrowers Transferred from Citibank The Consumer Financial Protection Bureau (CFPB) has taken action against Discover Bank and its affiliates for illegal private student loan servicing practices. The…
Company to Pay $5.2 Million for Illegally Billing Over 100,000 Consumers Today the Consumer Financial Protection Bureau filed a complaint and proposed consent order in federal court against Student Financial Aid Services, Inc. for illegal…
Are you planning to spend some time at a hotel soon? If you’re looking online for the best rates, don’t fall for a great price until you know with whom you’re dealing. Just because a…
By: Magaly Olivero Tens of thousands of Connecticut residents who receive federal subsidies to help pay for health insurance won’t be affected immediately by the latest challenge to the Affordable Care Act before the U.S….
CONSUMER FINANCIAL PROTECTION BUREAU IDENTIFIES ILLEGAL PRACTICES UNCOVERED THROUGH SUPERVISION Supervisory Resolutions Across Industries Recover $11.6 Million for More Than 80,000 Consumers Today the Consumer Financial Protection Bureau (CFPB) released its latest supervision report outlining…
Auto Loan Company Misled Servicemembers About Consequences of Nonpayment Today the Consumer Financial Protection Bureau (CFPB) sued an auto loan company, Security National Automotive Acceptance Company, for aggressive debt collection tactics against servicemembers. In a…
CFPB Issues Advisory Warning Consumers Not To Be Deceived Today the Consumer Financial Protection Bureau (CFPB) released results of a focus group study on reverse mortgage advertisements that found many participants were left with misimpressions…
Even as the group has publicly celebrated its work, insider accounts detail a string of failures by Justin Elliott, ProPublica, and Laura Sullivan, NPR The neighborhood of Campeche sprawls up a steep hillside in Haiti’s capital…
New Bankrate.com Study Finds Auto Insurance Premiums Can Jump Dramatically for Customers on the Wrong Side of a Zip Code Line The website Bankrate.com published research yesterday (May 28, 2015) showing that good drivers living…
Consumers Support Use of Mileage in Auto Insurance Pricing, According to National Survey CFA Urges State Insurance Departments to Investigate and Remedy This Insurer Failure That Especially Harms Lower Income and Older Drivers Washington, DC…
The Consumer Financial Protection Bureau has filed proposed orders in federal courts against Sprint and Verizon which, if approved, would provide $120 million in redress to wireless customers who were illegally billed hundreds of millions…
Consumers Paid $49 Million in Fees for Deceptive Mortgage Payment Program Today the Consumer Financial Protection Bureau (CFPB) filed a lawsuit in federal district court against Nationwide Biweekly Administration, Inc., Loan Payment Administration LLC, and…
The 7.8-magnitude earthquake that shook Nepal last Saturday reportedly devastated the region, killing more than 5,800 residents, injuring more than 13,000 and leaving hundreds of thousands homeless. As always, the generous people of Connecticut are…
Today the Consumer Financial Protection Bureau (CFPB) took action against RMK Financial Corporation for deceptive mortgage advertising practices, including ads that led consumers to believe that the company was affiliated with the U.S. government. The…
New Study Indicates that Consumers Access Credit Scores and Credit Reports in a Variety of Ways but Confusion Persists The Consumer Financial Protection Bureau (CFPB) reported that more than 50 million consumers now have free…
By: Magaly Olivero With tax season underway, some Connecticut taxpayers are struggling with the Affordable Care Act mandate that all Americans must report their health insurance status on their federal income taxes. “It’s been a…
By: Lisa Chedekel Allowing the spouse of a person in a nursing home to keep enough money to live on independently is, in many ways, a moral issue. But in a tight budget year in…
Today, the Consumer Financial Protection Bureau released a study indicating that arbitration agreements restrict consumers’ relief for disputes with financial service providers by limiting class actions. The report found that, in the consumer finance markets…