The Consumer Financial Protection Bureau took action Tuesday against an online debt-settlement company for taking advantage of consumers, failing to disclose its relationship to creditors, and steering consumers into high-cost loans offered by affiliated lenders. Read more →
A federal district court in Minneapolis has ruled that the U.S. Department of Agriculture acted unlawfully when it eliminated limits on the speeds at which plants run their slaughter lines without considering the increased risk of injury to plant workers. Read more →
Verizon is recalling about 2.5 million Ellipsis Jetpack mobile hotspots. The lithium ion battery in the hotspots can overheat, posing fire and burn hazards. Verizon has received 15 reports of overheating, including six reports of fire damage to bedding or flooring and two reports of minor burn injuries. Read more →
Consumer Reports is launching CR Recommended, a program to bring Consumer Reports recommendations easily to consumers before they buy autos and other products. When consumers shop online, at a dealership, or in a store, they’ll see a “CR Recommended” mark for products. Read more →
The Consumer Financial Protection Bureau issued an order Tuesday against a debt collector and its owner for harassing thousands of consumers, falsely threatening them with legal action. The CFPB found that Yorba Capital Management and its former owner, Daniel Portilla Jr., violated federal law. Read more →
This week, I wrote the 100th issue of my newsletter Helpful Money Tips for You. To celebrate, instead of offering my usual 10 tips, I offered 100. To sign up to get my free newsletter, go to http://eepurl.com/gkZ6JH. You'll get it in your email. Read more →
BATTOP is recalling about 5,000 foldable infant bath seats. The bath seats don’t meet the federal safety standard for infant bath seats, including requirements for stability, and can tip over while in use, posing a drowning hazard to babies. No incidents or injuries have been reported. Read more →
Best wishes to you on Easter Sunday. May your heart be filled with love and joy today. I’m thankful today for my family, my community, and my health. In these challenging pandemic times, it’s difficult to know what’s next. Read more →
Easter is a time Americans celebrate the resurrection of Christ and spend a lot of money to mark the holiday. About 65 percent of Americans classify themselves as Christians, with 28 percent planning to attend an Easter service in person on Easter Sunday this year. Read more →
Scammers are taking advantage of the coronavirus pandemic to steal money from people. During these chaotic times, knowing about possible scams is the first step toward preventing them. Scammers are inventing new schemes as well as repurposing old ones. Be alert as you go about your covid daily lives. Read more →