On Our Radar

In this section called "On Our Radar," Consumer Action shares thought-provoking and informative issues on a variety of topics. If you would like to further research this topic, please see the "Reference" section below. The Editor welcomes your thoughts on any of the topics posted here. Click here to e-mail the Editor.

IMPORTANT NOTE: The issues presented in "On Our Radar" do not necessarily state or reflect the views of Consumer Action.

 

Postings

Survey finds California homeowners, renters fall through the cracks
Despite new federal and state initiatives, the banking industry continues to fail to adequately address the foreclosure crisis, while new arenas for abuse of consumers are thriving, according to a survey by the California Reinvestment Coalition.

“Day of Action” highlights impact of recession on communities
From Chicago to San Francisco, Birmingham to Detroit and in more than 50 cities across the country, the National Community Reinvestment Coalition (NCRC) held public rallies and events at 54 locations across the U.S. calling for greater accountability and integrity in the U.S. financial system.

‘Web bugs’ allow widespread online data sharing
Researchers at the University of California, Berkeley's School of Information released a report on June 1 showing that the most popular Web sites in the United States all share data with their corporate affiliates and allow third parties to collect information directly by using tracking beacons known as "Web bugs" - despite the sites' claims that they don't share user data with third parties.

Warranties for new homes force consumers into arbitration
Public Citizen has issued a report that finds millions of new home purchasers are unaware they are signing binding mandatory arbitration clauses in their home warranties. These warranties are particularly insidious because consumers often do not learn of their details until after moving into their new houses.

FDIC study: Serving the unbanked and underbanked
In the first national survey of banks' efforts to serve unbanked and underbanked individuals and families in their market areas, the FDIC found that improvement may be possible in certain areas.

Reasons you can’t get your credit report fixed
A noted national consumer law organization releases a report documenting the abysmal quality of the credit report dispute system provided for by law to protect consumers from errors in their credit reports.

Could regulations have prevented the economic crisis?
A new report by the Congressional Oversight Committee points to three areas of regulation that could have prevented the current economic crisis.

Americans caught between unemployment and health care
FamiliesUSA has released a report detailing how, as unemployment numbers rise, Americans are in forced to choose between costly unemployment benefits and health care insurance.

NAIC should reject pressure from life insurers
Consumer groups have urged the National Association of Insurance Commissioners (NAIC) to reject life insurance industry proposals to dramatically cut the amount of money that life insurers must set aside to pay promised benefits to policyholders.

Outdated safety protections expose kids to unsafe toys
Public Citizen has released a study detailing how failures in U.S. trade policy and consumer protections continue to expose the country's children to a flood of toxic and unsafe toys.

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