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24 Jul 2009, 4:43 pm
At a time when Congress is considering whether to ban mandatory arbitration clauses in contracts, and credit card companies, Minnesota’s Attorney General Lori Swanson is suing the National Arbitration Forum, a lead provider of this clown-court-for-hire scam, for concealing its ties to the debt collection and banking industries. [read post]
24 Jul 2009, 10:00 am
The national debt doubled. [read post]
24 Jul 2009, 9:00 am
Public Interest Research Group, a federation of consumer interest organizations around the nation, said Thursday. [read post]
24 Jul 2009, 2:06 am
The proposed council would work closely with the Federal Reserve, which would oversee Tier 1 financial holding companies – the large, interconnected firms that could pose a threat to the overall system.Also expected from the Treasury Department this week are proposals to: (1) consolidate the Office of Thrift Supervision and the Office of the Comptroller of the Currency into the new National Bank Supervisor; and (2) give the federal government the… [read post]
23 Jul 2009, 4:17 pm
Preemption has been applied to drugs and medical devices, vehicular roof crush standards issued by the National Highway Traffic Safety Administration, mattress flammability standards issued by the Consumer Product Safety Commission, pesticides regulated by the EPA and a variety of other products. [read post]
23 Jul 2009, 10:00 am
That's why the nation's largest organizations representing doctors and nurses have embraced our plan. [read post]
22 Jul 2009, 1:06 pm
The item says nothing about the common practice of banks and cellphone companies -- among many others -- of forcing consumers to agree to arbitrate on an individual basis. [read post]
22 Jul 2009, 7:48 am
Credit card companies would rather be paid and consumers would rather not have bank levies and wage garnishments done to them — plus pay the bank’s legal fees. [read post]
22 Jul 2009, 5:15 am
Supreme Court has ruled that states can enforce their consumer protection and fair-lending laws against national banks.Writing the 5-4 majority opinion, Justice Antonin Scalia said the federal National Bank Act does not prevent ordinary enforcement of state law.His ruling affirms in part and reverses in part an appellate decision in favor of the federal Office of the Comptroller of the Currency in a lawsuit concerning former New York Attorney General Eliot… [read post]
20 Jul 2009, 2:35 pm
Subscribe to National Consumer Credit Reform by Email [read post]
20 Jul 2009, 6:37 am
Using data from the government's National Practitioner Data Bank (NPDB) - which has mandatory reporting requirements - the group found the number of payouts declined for the third straight year. [read post]
19 Jul 2009, 8:48 am
Bank National Association and National City Bank provide “essential banking services” to a payment processor that worked with fraudulent telemarketers “to raid the bank accounts of tens of thousands of consumers, many of them elderly,” according to a class action in Federal Court. [read post]
17 Jul 2009, 12:00 pm
Only eight percent (8%) of adults say the taxpayer benefited more, according to a new Rasmussen Reports national telephone survey. [read post]
16 Jul 2009, 8:34 am
In 1990, the federal government established the National Practitioner Data Bank. [read post]
16 Jul 2009, 6:40 am
For the third straight year, 2008 saw the lowest number of medical malpractice payments since the federal government's National Practitioner Data Bank began tracking such data in 1990. [read post]
15 Jul 2009, 7:35 pm
What's good for the consumer is good for banking, according to Chair Bair, and there's no such thing as a bad subprime borrower. [read post]
15 Jul 2009, 6:48 pm
But we’ve discovered that owning things and consuming things does not satisfy our longing for meaning. [read post]
14 Jul 2009, 9:10 am
So naturally, I've been banking with the same company - a large national bank that shall remain nameless - since I first started earning a paycheck. [read post]
13 Jul 2009, 10:27 am
The Founding Fathers set up the American judiciary as a check on the excesses of the elected branches, and as a refuge when those branches are corrupted, or consumed by passing passions. [read post]
10 Jul 2009, 12:30 pm
The fact that this type of loan is even legal can be traced to a United States Supreme Court case, Marquette National Bank v. [read post]
