Postings
Minority consumers most at-risk for high-cost mortgage loans
The National Community Reinvestment Coalition (NCRC) report highlights stark disparities for African-American and Hispanic loan recipients in particular.
Study reveals impact of overdraft fees on older Americans
The Center for Responsible Lending has published a report that reveals how unauthorized overdrafts fees strip $4.5 billion per year from Americans 55 and older. The study found that nearly $1 billion of that money comes from people who are heavily dependent on Social Security income.
Attorneys General fighting foreclosures across the country
The Association of Community Organizations for Reform Now (ACORN) released a report that scores the efforts of the attorneys general of all 50 states and Washington, D.C. to battle rising foreclosures in their regions. The report highlights the best practices and cutting-edge strategies they have implemented.
Overdraft loans target low-income and fail to offer informed choice
A survey by the Center for Responsible Lending has found that most consumers want a choice about being enrolled in overdraft programs and that most would prefer their banks issue a "denial of funds" rather than an expensive overdraft loan. It also found that low-income consumers are often the target of these loans.
Study finds racial and economic bias in Western Union practices
A study commissioned by the Transnational Institute for Grassroots Research and Action (TIGRA) has found evidence of extensive bias in Western Union’s corporate practices and the Western Union Foundation’s giving practices. The study found inequitable distribution of corporate largess based on race, income, and immigration status.
New poll: Americans say “no thanks” to binding arbitration
Americans generally disapprove of binding arbitration provisions in consumer contracts as an alternative to civil legal proceedings involving a judge or jury, according to a recent national poll released by the American Association for Justice.
Measuring identity theft at top banks
A study entitled "Identity Theft: Making the Known Unknowns Known" attempts to uncover more about the crime and the damages it creates.
Online toolkit helps consumers safeguard medical information
Consumer Action Privacy Coalition partner, Patient Privacy Rights, has updated its "Privacy Toolkit" for consumers interested in protecting their medical data.
Campus credit card trap report shows abuses
USPIRG has released a report detailing the unfair practices of credit card companies on college campuses entitled "Campus Credit Card Trap."
ACLU video a scary vision of privacy future
A video released by the American Civil Liberties Union illustrates how new technology, such as behavioral marketing and online tracking, combined with weak privacy laws, could reveal personal information and erode individual privacy rights.
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