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Consumer Protection Feed

Solar energy financing lenders use predatory methods in all states, report shows

And, again, history repeats itself. The nation’s leading residential solar energy financing lenders are using predatory methods including undisclosed profit arrangements with their preferred installers and expensive financing with hidden fees as a standard practice to target consumers for financial exploitation, according to a new report. Read more →


Best Lighting Products is recalling more than 700,000 High Bay LED light Fixtures due to fire risk

Another huge recall deserves your attention. Best Lighting Products is recalling about 710,600 LED High Bay light fixtures and, in addition, about 19,100 were sold in Canada. Plastic pins securing the LED board can degrade, allowing the energized LED board to come loose and contact the lens or combustible materials, posing a fire risk. Read more →


Finally, something may be done about corporate price gouging that’s contributing to inflation

Thursday I wrote about how more than 50 percent of inflation is caused by corporate price gouging and wondered why politicians don’t talk about it and news organizations don’t cover it. Friday I was going to write about the Consumer Financial Protection Bureau suing Acima and its former chief executive officer Aaron Allred for illegal lending activities. Read more →


FTC taking a look at surveillance pricing, which links the price of an item to a customer’s data

What’s surveillance pricing? It’s when a company looks at information about you and sets the price of an item or service you want to buy based on that information. The FTC issued orders to eight companies offering surveillance pricing. It wants to know about the possible impacts these practices have on privacy, competition, and consumer protection. Read more →


Watch out for brominated vegetable oil, now banned, in food and soft drinks

Consumers need to read ingredient labels carefully to avoid brominated vegetable oil or BVO because, although the U.S. Food and Drug Administration finally banned it, products containing BVO may remain for sale on store shelves.  BVO has mainly been used to help stabilize citrus flavorings in sodas, sports drinks, and energy drinks. Read more →


More than 3 million steam cleaners are being recalled after dozens of people are burned by steam or hot water

Here’s another huge recall consumers need to know about. Bissell is recalling about 3.2 million steam shot handheld cleaners in the United States and another 355,000 in Canada. The recalled steam cleaners can spew hot water or steam onto users while heating or during use, posing a burn risk. Bissell has received 157 reports of minor burn injuries. Read more →


What to look for in the new home buyer contracts

The National Association of Realtors settlement of a class action lawsuit, scheduled to be carried out by August 17, requires realtors to obtain buyer signatures on home buyer contracts. The $418 million settlement did away with the traditional agent’s commission of 5-6 percent, which should lead to more negotiation, more competition, and lower costs. Read more →


Hatch Baby recalls nearly 1 million sound machine power adapters due to shock risk

Another huge recall deserves your attention. About 919,400 power adapters sold with Rest 1st Generation sound machines are being recalled in the U.S. by Hatch Baby, with 44,352 sold in Canada. The plastic housing around the adapter can come off when removing it from an outlet, leaving the power prongs exposed and posing a shock risk to consumers. Read more →


New consumer laws on hidden fees, right to repair, and a security deposit cap to take effect in California July 1

California often has among the most beneficial laws for consumers. On July 1, these four bills will become law in the state: Capping security deposits -- Until now, landlords have been allowed to require a security deposit equal to as much as three months’ rent. Instead of landlords being allowed to require a security deposit equal to as much as three months’ rent. Read more →


With another bad, very bad Supreme Court decision, it’s a sad day for consumers in the USA

Consumers are in a poor position in the economy, because corporations spend so much on advertising and they donate billions of dollars to influence government to do their bidding making products and services more expensive and less safe. Now, the U.S. Supreme Court has made another decision that will reduce consumer “power” even more. Read more →