Showing 49 to 60 of 410 results
UK Supreme Court Rules on Unfair Car Finance Deals, Shifting Redress to Regulators
The UK Supreme Court ruled that while car finance deals were unfair, redress is the responsibility of regulators, not the judiciary; the Financial Conduct Authority (FCA) will now create a compensation scheme costing potentially £18 billion for loans since 2007.
UK Supreme Court Rules on Unfair Car Finance Deals, Shifting Redress to Regulators
The UK Supreme Court ruled that while car finance deals were unfair, redress is the responsibility of regulators, not the judiciary; the Financial Conduct Authority (FCA) will now create a compensation scheme costing potentially £18 billion for loans since 2007.
Progress
40% Bias Score
UK Supreme Court to Rule on Millions in Potential Car Loan Compensation
The UK Supreme Court will rule on Friday on the legality of hidden commission payments made to car dealers before 2021, potentially leading to multi-million pound compensation payouts for millions of motorists in a case echoing the PPI scandal, with lenders including Lloyds setting aside large sums.
UK Supreme Court to Rule on Millions in Potential Car Loan Compensation
The UK Supreme Court will rule on Friday on the legality of hidden commission payments made to car dealers before 2021, potentially leading to multi-million pound compensation payouts for millions of motorists in a case echoing the PPI scandal, with lenders including Lloyds setting aside large sums.
Progress
44% Bias Score
Hidden Credit Card Penalties: Late Fees Despite On-Time Payments
A Virgin Money credit card customer, despite a history of on-time payments, was charged interest due to a missed payment resulting from not receiving a statement email; this highlights hidden credit card penalties and the need for regulatory changes.
Hidden Credit Card Penalties: Late Fees Despite On-Time Payments
A Virgin Money credit card customer, despite a history of on-time payments, was charged interest due to a missed payment resulting from not receiving a statement email; this highlights hidden credit card penalties and the need for regulatory changes.
Progress
64% Bias Score
ASIC Pressures Commonwealth Bank on Low-Income Customer Fee Refunds
ASIC is urging the Commonwealth Bank to refund excessive bank fees charged to low-income customers after other banks refunded $60 million; CBA argues fees were disclosed but ASIC may pursue court action, prompting CBA to consider goodwill payments.
ASIC Pressures Commonwealth Bank on Low-Income Customer Fee Refunds
ASIC is urging the Commonwealth Bank to refund excessive bank fees charged to low-income customers after other banks refunded $60 million; CBA argues fees were disclosed but ASIC may pursue court action, prompting CBA to consider goodwill payments.
Progress
52% Bias Score
ASIC Orders \$93 Million Refund to Low-Income Customers from Australian Banks
Australian banks will refund \$93 million to over 770,000 low-income customers after an ASIC investigation found they were wrongly charged high fees despite eligibility for cheaper accounts; ANZ will pay the most at \$47.9 million, followed by Westpac at \$9.9 million, while CBA made prior goodwill ...
ASIC Orders \$93 Million Refund to Low-Income Customers from Australian Banks
Australian banks will refund \$93 million to over 770,000 low-income customers after an ASIC investigation found they were wrongly charged high fees despite eligibility for cheaper accounts; ANZ will pay the most at \$47.9 million, followed by Westpac at \$9.9 million, while CBA made prior goodwill ...
Progress
48% Bias Score
Consumer Manipulation: A Call for a "Right Not to Be Manipulated
Companies manipulate consumers through deceptive pricing, hidden fees, and exploitation of cognitive biases, causing financial harm and undermining autonomy; establishing a "right not to be manipulated" is crucial for consumer protection.
Consumer Manipulation: A Call for a "Right Not to Be Manipulated
Companies manipulate consumers through deceptive pricing, hidden fees, and exploitation of cognitive biases, causing financial harm and undermining autonomy; establishing a "right not to be manipulated" is crucial for consumer protection.
Progress
44% Bias Score
Supreme Court Limits Car Finance Scandal Compensation
The UK Supreme Court partially overturned a lower court ruling on the car finance commission scandal, limiting consumer compensation and potentially saving lenders billions of pounds, but leaving the door open for a limited FCA compensation scheme.
Supreme Court Limits Car Finance Scandal Compensation
The UK Supreme Court partially overturned a lower court ruling on the car finance commission scandal, limiting consumer compensation and potentially saving lenders billions of pounds, but leaving the door open for a limited FCA compensation scheme.
Progress
56% Bias Score
EU Investigates Temu for DSA Violations
The European Commission launched a preliminary investigation against Temu, a Chinese online marketplace, for allegedly violating the EU's Digital Services Act (DSA) by failing to adequately assess risks from illegal products, prompting concerns about consumer safety and prompting calls for stronger ...
EU Investigates Temu for DSA Violations
The European Commission launched a preliminary investigation against Temu, a Chinese online marketplace, for allegedly violating the EU's Digital Services Act (DSA) by failing to adequately assess risks from illegal products, prompting concerns about consumer safety and prompting calls for stronger ...
Progress
40% Bias Score
Minnesota Attorney General Wins Judgment Against Developer Accused of Defrauding Somali Immigrant Families
Minnesota Attorney General Keith Ellison secured a default judgment against Nolosha Development LLC for defrauding over 160 Somali immigrant families of more than \$1 million through deceptive marketing promising nonexistent homes with 0% financing in Lakeville, Minnesota; a hearing will determine t...
Minnesota Attorney General Wins Judgment Against Developer Accused of Defrauding Somali Immigrant Families
Minnesota Attorney General Keith Ellison secured a default judgment against Nolosha Development LLC for defrauding over 160 Somali immigrant families of more than \$1 million through deceptive marketing promising nonexistent homes with 0% financing in Lakeville, Minnesota; a hearing will determine t...
Progress
52% Bias Score
BT Refunds £18 Million After Ofcom Contract Information Ruling
BT has refunded £18 million to over 1.1 million customers after Ofcom ruled it failed to provide sufficient contract information, resulting in a £2.8 million fine and further penalties for emergency call failures.
BT Refunds £18 Million After Ofcom Contract Information Ruling
BT has refunded £18 million to over 1.1 million customers after Ofcom ruled it failed to provide sufficient contract information, resulting in a £2.8 million fine and further penalties for emergency call failures.
Progress
48% Bias Score
British Tourists Lose Millions to Common Travel Scams
Research reveals that 32 percent of British tourists face overpriced taxi rides abroad, losing \£17 on average, while 20 percent fall for fake goods scams, losing \£17.39. Restaurant overcharging (18 percent) leads to average losses of \£22.58, fake websites (12 percent) cost \£113.30, and phishing ...
British Tourists Lose Millions to Common Travel Scams
Research reveals that 32 percent of British tourists face overpriced taxi rides abroad, losing \£17 on average, while 20 percent fall for fake goods scams, losing \£17.39. Restaurant overcharging (18 percent) leads to average losses of \£22.58, fake websites (12 percent) cost \£113.30, and phishing ...
Progress
20% Bias Score
Supreme Court Allows Trump to Fire Consumer Product Safety Commissioners
The Supreme Court ruled that President Trump can fire three Consumer Product Safety Commission members appointed by President Biden, aligning with a prior ruling on similar cases and potentially setting a precedent for future executive actions; the three liberal justices dissented.
Supreme Court Allows Trump to Fire Consumer Product Safety Commissioners
The Supreme Court ruled that President Trump can fire three Consumer Product Safety Commission members appointed by President Biden, aligning with a prior ruling on similar cases and potentially setting a precedent for future executive actions; the three liberal justices dissented.
Progress
56% Bias Score
Showing 49 to 60 of 410 results