CFPB Removes \$49 Billion in Medical Debt from Credit Reports
The CFPB finalized a rule eliminating roughly \$49 billion in medical debt from credit reports, effective in 60 days, despite opposition from banking and credit agencies, and the incoming Republican majority.
CFPB Removes \$49 Billion in Medical Debt from Credit Reports
The CFPB finalized a rule eliminating roughly \$49 billion in medical debt from credit reports, effective in 60 days, despite opposition from banking and credit agencies, and the incoming Republican majority.
Progress
16% Bias Score
CFPB Sues Experian for Violating Fair Credit Reporting Act
The Consumer Financial Protection Bureau (CFPB) is suing Experian for violating the Fair Credit Reporting Act by conducting sham investigations into consumer credit report disputes, failing to properly review disputes, and reinserting inaccurate information, potentially harming consumers' access to ...
CFPB Sues Experian for Violating Fair Credit Reporting Act
The Consumer Financial Protection Bureau (CFPB) is suing Experian for violating the Fair Credit Reporting Act by conducting sham investigations into consumer credit report disputes, failing to properly review disputes, and reinserting inaccurate information, potentially harming consumers' access to ...
Progress
44% Bias Score
£28 Billion Motor Finance Mis-selling Compensation Bill Looms
The Court of Appeal's ruling on unlawful commission payments in motor finance deals could cost lenders £28 billion in compensation, impacting firms like Lloyds Banking Group (£4.2 billion) and Close Brothers Group (£460 million), with a December 4th deadline for final responses to complaints.
£28 Billion Motor Finance Mis-selling Compensation Bill Looms
The Court of Appeal's ruling on unlawful commission payments in motor finance deals could cost lenders £28 billion in compensation, impacting firms like Lloyds Banking Group (£4.2 billion) and Close Brothers Group (£460 million), with a December 4th deadline for final responses to complaints.
Progress
36% Bias Score
JetBlue Fined \$2 Million for Chronic Flight Delays
The U.S. Department of Transportation fined JetBlue Airways \$2 million for chronically delayed flights on four East Coast routes between June 2022 and November 2023, impacting thousands of passengers and marking the first such penalty against an airline for this issue.
JetBlue Fined \$2 Million for Chronic Flight Delays
The U.S. Department of Transportation fined JetBlue Airways \$2 million for chronically delayed flights on four East Coast routes between June 2022 and November 2023, impacting thousands of passengers and marking the first such penalty against an airline for this issue.
Progress
48% Bias Score
Fintech Failures of 2024 Expose Systemic Risks
The 2024 collapses of fintech companies Synapse and Bench, costing consumers up to $96 million and leaving numerous businesses scrambling, exposed the risks of outdated systems masked by shiny interfaces, emphasizing the need for transparency and accountability in the industry.
Fintech Failures of 2024 Expose Systemic Risks
The 2024 collapses of fintech companies Synapse and Bench, costing consumers up to $96 million and leaving numerous businesses scrambling, exposed the risks of outdated systems masked by shiny interfaces, emphasizing the need for transparency and accountability in the industry.
Progress
56% Bias Score
This is Money's Consumer Champion Recovers £1.44 Million for Readers in 2024
In 2024, This is Money's consumer champion, Helen Crane, recovered £1.44 million for readers, addressing issues with banks, energy firms, insurers, and parking companies, exposing systemic problems and advocating for better consumer protections.
This is Money's Consumer Champion Recovers £1.44 Million for Readers in 2024
In 2024, This is Money's consumer champion, Helen Crane, recovered £1.44 million for readers, addressing issues with banks, energy firms, insurers, and parking companies, exposing systemic problems and advocating for better consumer protections.
Progress
40% Bias Score
US Launches Cybersecurity Label for Internet-Connected Devices
The White House announced the U.S. Cyber Trust Mark, a voluntary program labeling internet-connected products meeting basic cybersecurity standards; starting in 2025, consumers can identify safer products, with federal agencies mandated to use only labeled products starting in 2027.
US Launches Cybersecurity Label for Internet-Connected Devices
The White House announced the U.S. Cyber Trust Mark, a voluntary program labeling internet-connected products meeting basic cybersecurity standards; starting in 2025, consumers can identify safer products, with federal agencies mandated to use only labeled products starting in 2027.
Progress
36% Bias Score
Berkshire Hathaway Sued Over Allegedly Predatory Lending Practices
The US Consumer Financial Protection Bureau sued Berkshire Hathaway's Clayton Homes unit, Vanderbilt Mortgage, on Monday for allegedly pushing borrowers into unaffordable loans, leading to defaults and repossessions; the CFPB seeks civil fines and restitution, citing a case where a family had $57.78...
Berkshire Hathaway Sued Over Allegedly Predatory Lending Practices
The US Consumer Financial Protection Bureau sued Berkshire Hathaway's Clayton Homes unit, Vanderbilt Mortgage, on Monday for allegedly pushing borrowers into unaffordable loans, leading to defaults and repossessions; the CFPB seeks civil fines and restitution, citing a case where a family had $57.78...
Progress
40% Bias Score
Record Corporate Profits in Spain Amidst Consumer Concerns and Regulatory Scrutiny
Spanish corporate profitability hit record highs in Q3 2024 (25.4%), contrasting with public perception; the CNMC faces scrutiny for its slow response to concerns about interest rate transmission to consumers and the bank tax's impact on customer commissions, highlighting the need for stronger marke...
Record Corporate Profits in Spain Amidst Consumer Concerns and Regulatory Scrutiny
Spanish corporate profitability hit record highs in Q3 2024 (25.4%), contrasting with public perception; the CNMC faces scrutiny for its slow response to concerns about interest rate transmission to consumers and the bank tax's impact on customer commissions, highlighting the need for stronger marke...
Progress
56% Bias Score
CFPB Needs Overhaul to Combat Rising Financial Fraud
A Cornerstone Advisors study reveals that nearly 100 million Americans consider fraud, scams, and cybersecurity the top banking issue, prompting calls for the CFPB to refocus its efforts on innovation and fraud prevention rather than regulation, as its current approach, such as implementing Section ...
CFPB Needs Overhaul to Combat Rising Financial Fraud
A Cornerstone Advisors study reveals that nearly 100 million Americans consider fraud, scams, and cybersecurity the top banking issue, prompting calls for the CFPB to refocus its efforts on innovation and fraud prevention rather than regulation, as its current approach, such as implementing Section ...
Progress
56% Bias Score
Warning: Avoid Firms Offering Money for Betting Account Details
Consumers are urged to avoid companies like Moneyful Ltd. offering money in exchange for personal details to open multiple betting accounts, as this practice, while seemingly lucrative, presents significant financial and identity theft risks.
Warning: Avoid Firms Offering Money for Betting Account Details
Consumers are urged to avoid companies like Moneyful Ltd. offering money in exchange for personal details to open multiple betting accounts, as this practice, while seemingly lucrative, presents significant financial and identity theft risks.
Progress
40% Bias Score
EU Mandates Universal Charger for Electronics
The European Union's new directive, effective this Saturday, mandates USB-C charging ports for most electronic devices sold within the EU, aiming to reduce e-waste and consumer costs; by 2026, this will also include laptops.
EU Mandates Universal Charger for Electronics
The European Union's new directive, effective this Saturday, mandates USB-C charging ports for most electronic devices sold within the EU, aiming to reduce e-waste and consumer costs; by 2026, this will also include laptops.
Progress
44% Bias Score