News

2021

January

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  • Seniors face shrinking nest eggs during pandemic. Senior citizens are increasingly finding themselves with new responsibilities and a lot of hard choices because of the coronavirus pandemic. Those who have savings have to decide if they should dip into their accounts early,
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  • The tech that will invade our lives in 2021. Before the coronavirus transformed our lives, the lists of tech to watch each year were often dominated by whiz-bang gizmos like smart speakers and curved televisions. But the pandemic has pushed us to embrace useful
  • Complaints about movers soar during pandemic. Mover-related hassles, including some movers holding people's belongings hostage unless they receive more money, aren't new. I first wrote about the problem in 2007. But the danger to consumers has grown more pronounced during
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  • Consumer bureau director resigns at Biden's request. Consumer Financial Protection Bureau (CFPB) Director Kathy Kraninger resigned at the request of the newly sworn-in President Biden, clearing the way for his nominee to lead the powerful regulatory agency. Kraninger’s resignation gives
  • Debt collection (Winter 2020-2021). In this issue, Consumer Action helps consumers learn how to exercise their debt collection rights: to demand information about a debt, stop a debt collector from contacting them, and avoid resurrecting debts that are too old to be sued over. The issue also discusses other key aspects of the laws and regulations designed to protect people being targeted by debt collectors, and includes a sample validation request and a communications preference letter you can customize and send to debt collectors.
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  • Biden choices for CFPB, SEC pivot to robust enforcement. President-elect Joe Biden is set to nominate Rohit Chopra, the former student loan ombudsman for the Consumer Financial Protection Bureau, to lead the consumer finance agency. Biden will tap Gary Gensler, the former chairman of
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  • Federal rent relief is coming. Thestimulus law passed by Congress in late December includes $25 billion in rental relief funds, with an estimated $2.6 billion coming to California. Here are some things you should know about that money.
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  • Options for struggling landlords. Critical eviction moratoriums don’t offer much relief for mom-and-pop landlords who still have to pay to keep their buildings operating.
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