Consumer Protection
Payday lender’s bank deal could bring loans charging up to 195% APR to every state
OppFi is seeking federal approval to acquire BNC National Bank, giving the high-cost lender control of a national bank charter
Latest
Consumer Protection
How to recognize a payday loan disguised as an installment loan
When is an installment loan really a payday loan in disguise? Answer these questions to find out.
Insurance
Health Watch: ACA premiums and deductibles rise as enrollment falls
Health coverage is becoming another fixed expense that households are forced to reconsider.
Recalls
National Safety Recall - August 3
Pistachio butter, veterinary injections head the day's recalls list.
Consumer Protection
California’s new consumer agency targets junk fees, kickbacks and ‘corrupt practices’
Former CFPB Director Rohit Chopra says California will pursue companies that use illegal fees, hidden kickbacks and manipulative schemes to drive up consumer costs.
Consumer Protection
Where California consumers should complain
California is stepping up its consumer protection efforts as federal agencies back away from energetic enforcement. With former CFPB director Rohit Chopra at the helm of the new agency, the new agency is expected to tighten existing rules and enact new ones.
Housing Watch: condo buyers face a tougher mortgage filing
Condo HOAs will need to increase their reserve funds to win mortgage approval in many cases.
Consumer Protection
Zelle fraud case moves forward as New York court rejects most dismissal arguments
The ruling allows New York’s attorney general to investigate whether Zelle’s operator knowingly left consumers exposed to scams
Money
Consumer costs shift as inflation data, housing and autos compete for wallets
Inflation, war, tariffs - there's nowhere for consumers to hide from rising costs.
Recalls
National Safety Recalls - July 30
Galanz retro refrigerators head the recall list. They can catch fire.
Insurance
Insurers make millions while homeowners wait for claim checks, analysis finds
Home insurers collectively earn an estimated $8.8 million in investment income for every additional day claim payments remain in their hands
Insurance
Claim delayed? Build a paper trail regulators can use
It's important to stay on top of pending insurance claims, and to keep complete records in case of a dispute.