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27 Jun 2007, 9:25 pm
Netflix.comDigital movie downloads are getting easier, but most consumers still prefer their movies on DVD, and those slim red sleeves (with return postage prepaid) are still the best way to get ‘em. [read post]
27 Jun 2007, 8:42 pm
Glancz, a partner at Venable LLP, noted that the bill would not affect national banks or federal thrifts, which do not have to follow state consumer protection laws. [read post]
27 Jun 2007, 3:52 am
Over at the Consumerist you'll find this nice discussion of a new National Consumer Law Center report on the relationship between some of the biggest banks and your friendly local payday lender. [read post]
23 Jun 2007, 7:39 am
Here's a few common consumer problems and websites with free advice.Credit Cards & Banking: Bankrate.com has tons of info on checking and savings accounts, mortgages, credit cards and a lot more about how it all works, including credit scores, budgeting and home buying.Real Estate: Realtor.com is a commercial site run by the National Association of Realtors. [read post]
21 Jun 2007, 8:13 pm
At the time, it vowed that it would never use the bank to enter the consumer financial services business [read post]
19 Jun 2007, 2:42 am
Supreme Court Grants Banks Broad Implied Immunity From Antitrust Lawsuits Legal Times In a big win for the securities industry, the Supreme Court on Monday gave investment banks broad implied immunity from antitrust suits, stating that the SEC is better qualified than judges and juries to determine the legality of conduct in IPOs. [read post]
16 Jun 2007, 4:21 pm
Online consumers in the US have had a million things to complain about. [read post]
15 Jun 2007, 8:01 am
  Here's a sampling of some of the other views: The other day, Jon Sheldon posted about the comments of the Center for Responsible Lending, National Consumer Law Center, and Consumer Federation of America, and other consumer groups. [read post]
13 Jun 2007, 12:02 pm
The National Consumer Law Center and the National Association of Consumer Advocates submitted extensive comments last week on debt collection practices to the Federal Trade Commission, including an appendix describing 34 examples in 17 states of abusive practices. [read post]
13 Jun 2007, 8:18 am
Under the plan, the state would pay banks approximately $500,000 per year to offer low-interest loans to low-income Vermonters interesting in making such improvements. [read post]
12 Jun 2007, 5:45 pm
  Aggressive prosecution of cartels that gouge American consumers? [read post]
12 Jun 2007, 4:03 pm
" Consumer groups, some religious leaders, food bank operators, and the Oregon AARP have all pressed for the regulation of payday lenders. [read post]
7 Jun 2007, 2:01 pm
Four more ISPs will start charging banks, e-commerce sites and other large e-mail senders for guaranteed delivery. [read post]
5 Jun 2007, 11:32 am
Federal court records state that Maynard and the other defendants obtained their customers' banking information and, "in numerous instances . . . withdrew funds from consumers' checking accounts without authorization. [read post]
1 Jun 2007, 4:32 pm
Mobile banking is slowly catching on among US consumers, mainly because of efforts by the largest 15 banks, a Tower Group analyst said at a conference in Boston Thursday. [read post]
31 May 2007, 12:52 am
Supreme Court in a 5-3 ruling held that Michigan could not regulate lending by a mortgage subsidiary of a national bank, blocking the state’s efforts to enforce strict consumer protection laws on these [...] [read post]
30 May 2007, 11:48 pm
I've blogged extensively about the issue and the decision before (see, e.g., here, here, and here), but the short of it is that the Office of the Comptroller of the Currency is entitled to preempt state consumer regulation of "national banking activities" even when those activities are conducted by entities other than "national" banks. [read post]
30 May 2007, 11:48 pm
I've blogged extensively about the issue and the decision before (see, e.g., here, here, and here), but the short of it is that the Office of the Comptroller of the Currency is entitled to preempt state consumer regulation of "national banking activities" even when those activities are conducted by entities other than "national" banks. [read post]
30 May 2007, 8:40 pm
On the other hand, Comptroller Dugan is speaking for any agency that regulates national banks, and national banks have not been the problem with stated income loans, or subprime loans in general for that matter. [read post]