Overdraft charges are a source that is major of discomfort, being that they are borne disproportionately by Us americans with few savings.

Overdraft charges are a source that is major of discomfort, being that they are borne disproportionately by Us americans with few savings.

From Deceit to Transformation

A unique report from ConnPIRG Education Fund discovers that $51.6 Million from the Volkswagen (VW) settlement is headed to Connecticut to simply help clean the state’s transportation system up and suggests utilising the funds to shop for electric car fast asking channels for the state’s highways along side an aggressive expansion of all-electric transportation buses to change aging, dirty, diesel buses.

Big Banks, Big Overdraft Charges

Through the very first three quarters of 2016, 626 big banking institutions reported gathering $8.4 billion in income from overdraft and NSF costs, a growth of 3.6 % within the exact same duration in 2015. American customers should turn to the customer Financial Protection Bureau (CFPB), that has currently enforced overdraft laws and came back vast amounts to consumers, to simply take action that is new avoid unjust overdraft charges.

Offshore Shell Games 2016

U.S.-based international corporations are permitted to play by a set that is different of than little and domestic organizations or people in terms of having to pay fees. Business lobbyists and their allies that are congressional riddled the U.S. income tax rule with loopholes and exceptions that enable taxation solicitors and business accountants to book U.S. earned earnings to subsidiaries based in overseas income tax haven nations with just minimal or no fees. Probably the most transparent and galling aspect with this is that often, a company’s operational presence in a tax haven could be nothing significantly more than a mailbox. General, international corporations utilize taxation havens to avoid an estimated $100 billion in federal income taxes every year.

Predatory Loans & Predatory Loan Complaints

This is actually the 7th in a few reports that review complaints into the customer Financial Protection Bureau. In this report, we explore customer complaints about predatory loans, classified into the database as pay day loans, installment loans, and automobile name loans.

Letter: Protecting the FTC from Special Interest Attacks

While a lot of our work has been around protection associated with customer Financial Protection Bureau (CFPB), we additionally offer the efforts associated with over-100 12 months Federal Trade that is old Commission. Recently, effective unique passions convinced the vitality and Commerce Committee to draft (and expect it to vote out quickly, most likely week that is next legislation to seriously weaken the FTC’s capacity to protect people from identification theft and privacy invasions (including sloppy data safety that causes identity theft), deceptive wellness advertising claims by vendors of varied dangerous or inadequate (or both) items and numerous other last-dollar along with other frauds and schemes. We have accompanied over 30 leading teams in a letter opposing the alleged FTC Process and Transparency Reform Act of 2016 (HR 5510-Burgess (TX)).

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