Tag Archives: consumer protection

Subway’s footlong credit card settlement

Jay MacDonald

You know how your favorite burger joint inevitably asks, “You want fries with that?” Given its latest string of consumer blunders, perhaps Subway should consider a similar tack, but instead inquire, “You want a class-action settlement with that?” In March,…
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Beware letters claiming quick, easy debt relief

Susan Ladika

They’re some of the strangest letters I’ve ever received – letters from two unnamed companies claiming they can slash my supposed debt by up to two-thirds. But it’s anyone’s guess who these companies are, and what they really do. Neither…
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Federal cybersecurity bills advance

Sienna Kossman

While we may not be able to completely deter hackers from going after our digital data, better understanding the threats — and attacks — they make against large companies is a good first step to slowing down their progress and federal lawmakers are tackling that task this week.
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Consumer groups eye student debt ‘relief’ industry

Kelly Dilworth

State and federal consumer protection groups may be getting ready to crack down on deceptive companies that promise to help relieve recent grads of their student loan debt, but do little to earn their hefty fees.
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Of candidates and consumers, Big Bird, binders and bayonets

Daniel Ray

We’ve had binders full of women, Big Bird and bayonets, but until Saturday, hardly a peep has been uttered by the presidential candidates about consumer protection.

With his weekly radio address Saturday, Obama broke the near-silence on the topic. He touted the recent work of the Consumer Financial Protection Bureau in beginning to regulate credit bureaus, and in winning multimillion-dollar awards from credit card issuers over business practices unfavorable to consumers.

I’m glad to see the discussion, even if it is late. I’m about to enter my 15th year as a personal finance editor, and the past four years have seen more pro-consumer activity from the federal government than the 10 prior years combined. If you like the additional protection, that’s one more reason to vote for Obama. If you don’t think we can afford them, it’s another reason for voting for Romney.

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