Senate House Democrats recently reintroduced legislation to protect consumers’ right to settle disputes with companies in court, according to The Hill. “The Restoring Statutory Rights Act, which Sen. Patrick Leahy (D-Vt.) introduced with lead co-sponsor Sen. Al...
Subscribe in iTunes Following a three-part series on arbitration, the New York Times has published another story, this time blasting the ads attacking the Consumer Financial Protection Bureau, the government agency that’s attempting to open the courtroom doors for...
The Consumer Financial Protection Bureau (CFPB) is considering proposing new rules that would prohibit consumer financial institutions from banning class action lawsuits in their arbitration clauses. Subscribe in iTunes “Consumers should not be asked to sign away...
by Carol Thompson For those who run short on cash before the next paycheck arrives, payday lending companies can prevent financial hardship. Conversely, and according to some experts, the can often cause more hardship than they prevent. Known as predatory lending, the...
by Carol Thompson Thousands of people default on student loans each year when multiple high payments catch up to them. Subscribe in iTunes Thousands of others try the best to avoid default by entering into income-driven repayment plans. While it seems like the key to...
