Press Release Archive

2019

August

09

• FHFA decision harms limited English consumers, advocates warn. For Immediate Release:  The Americans for Financial Reform (AFR) Language Access Task Force strongly opposes the decision announced by the Federal Housing

March

07

• CFPB must live up to its name (Protecting consumers should not be a sideline but a full-time job for the regulator tasked with consumer protection). As the U.S. House Financial Services Committee hears the Consumer Financial Protection Bureau's semi-annual report, Consumer Action calls on the Bureau's new director to stick with protecting consumers, not enabling companies predatory practices.

January

17

• Consumer groups urge action on bill to stop “spoofed” robocalls. For Immediate Release WASHINGTON, DC — A bipartisan bill reintroduced today in the Senate will address the growing problem of “spoofed” robocalls that

15

• Consumers prefer a paper trail (Survey says consumers choose paper statements over electronic notices). The message is clear: Consumers overwhelmingly prefer to receive bills and statements on paper rather than electronically, according to a new survey of more than 2,600

2018

October

16

• Consumer groups applaud expanded resources for LEP borrowers. WASHINGTON, D.C.- Today, consumer advocacy and civil rights groups, including Americans for Financial Reform Education Fund, the Center for Responsible Lending, Connecticut Fair

July

• Protect the CFPB’s critical complaint process. Groups representing consumers, students, seniors, servicemembers, homeowners and underserved Americans joined forces today to tell the temporary leadership of the Consumer Financial Protection Bureau (CFPB)

June

04

• Groups tell temporary CFPB director: Hands off the public database!. Keep the public consumer complaint database open was the clear message sent by scores of groups to the temporary acting director of the Consumer Financial

May

24

• If companies can protect user data in Europe, they can protect it everywhere (Advocates release letter urging companies to adopt Europe’s new data protection rules worldwide). Washington, D.C. – U.S. companies should adopt essentially the same data protection rules that are poised to go into effect in the European

April

30

• Consumer groups stand up to threats to take complaint database dark (Groups tell acting CFPB director to react after he collects all the facts). Consumer, privacy, civil rights and fair lending groups from across the nation called on temporary, Acting Director Mick Mulvaney today to retain availability of the

February

27

• Data insecurity and data protection (Consumer Action examines whether U.S. consumers stand to benefit from new EU data protection laws). As consumers do and store more and more online, the threat of data breaches and privacy lapses is ever-present. Americans’ privacy rights are dictated

06

• Consumer advocates argue for a strong, independent CFPB (Agency’s independence is necessary to its mission, groups tell Appellate court). For Immediate Release: Feb. 6, 2018 WASHINGTON, D.C. – The U.S. Consumer Financial Protection Bureau’s (CFPB) independence from external political influence is crucial

01

• Transfer of CFPB consumer complaints unit offers no clear benefit. The following statement can be attributed jointly to Americans for Financial Reform, Consumer Action and U.S. PIRG: This week, Office of Management and Budget

January

31

• Consumers win appeal for CFPB independence. Consumers scored a big win today when an appeals court ruled that the Consumer Financial Protection Bureau’s (CFPB) structure as an independent agency

2017

December

08

• Consumer advocates file in support of acting CFPB director (Agency’s independence is necessary to its mission). The U.S. Consumer Financial Protection Bureau’s (CFPB) independence from external political influence is crucial to the agency’s mission of protecting

November

14

• Groups fight FCC Chair's plan to 'effectively destroy' low-income LIfeline (Consumer, rural and Native American voices sound the alarm). Groups push back at a plan by Federal Communications Commission Chairman Ajit Pai to bar "non-facilities providers"—wireless resellers—from the low-income Lifeline phone subsidy program. In doing so, the FCC would knock out four of the five biggest Lifeline wireless providers providing an estimated 75 percent of wireless Lifeline accounts.

July

25

• Consumer Action condemns the House's vote to repeal class actions. The U.S. House of Representatives passed a resolution (H.J. Res. 111) today to repeal the new Consumer Financial Protection Bureau (CFPB) rule to restore

20

• Consumer Action opposes Congress's attack on class actions. Members of both the U.S. House and Senate took a hatchet to consumer protection today by introducing Congressional Review Act (CRA) resolutions to

May

31

• Poll highlights attitudes about data usage for financial inclusion. Consumer Action finds most agree that rent and utility records could be useful in widening availability of credit, but 96 percent oppose using social media or

March

08

• Consumer protections at risk (Consumer Action highlights recent consumer gains now in the cross hairs). Consumer Action News reviews many of the gains made in recent months to protect consumers’ personal safety, online privacy, dispute resolution rights and more. However, many of these critical consumer protections are in danger of disappearing under a new administration and GOP-controlled Congress.

February

03

• New regime plans to 'trump' consumer protections. Statement by Linda Sherry, Director, National Priorities, Consumer Action President Trump’s announcement today to dismantle the Dodd-Frank financial protection law and cripple the

January

10

• Filling the financial information gap in limited English communities. January 10, 2017—When you don’t speak or understand English well, applying for a car loan or mortgage can be hazardous to your financial

2016

September

30

• One million reasons why consumers need the CFPB. The Consumer Financial Protection Bureau (CFPB) hit the one million mark this week. The Bureau has received more than one million individual consumer complaints about

28

• Consumer Action joins White House campaign to 'Lock Down Your Login' (Advice to help consumers enable the strongest authentication tools for online accounts). Consumer Action joins a new campaign, “Lock Down Your Login,” to urge Americans to limit their personal cybercrime risk and better protect their key social media, email and bank accounts by enabling strong authentication.

August

30

• Consumer Action takes a closer look at a most valuable consumer tool (Report examines CFPB complaints, public data and company responses). Consumer Action releases a study of the Consumer Financial Protection Bureau's complaint database and offers tips and advice on how to find information in, and make the best use of, the public complaints submitted by consumers.

July

29

• Consumers get the last word on complaints (Consumer Action applauds CFPB’s latest move to improve its complaint system). The Consumer Financial Protection Bureau (CFPB) is adding a five star system ratings scale to its complaint process to give consumers an efficient way to