Press Release Archive

2015

October

07

• CFPB sees value in protecting consumers’ right to collective redress. Consumer Action applauds the Consumer Financial Protection Bureau (CFBP) for considering a prohibition on “class action bans” in consumer contracts.

September

22

• Consumer Action and Visa team up for Veterans Financial Coalition training programs. Consumer Action is joining the Veterans Financial Coalition in a new training series titled Economic survival guide for service members and veterans.

July

21

• CFPB goes to bat for consumers and hits a homerun (The consumer watchdog agency celebrates its 4th anniversary). In only four years, the Consumer Financial Protection Bureau (CFPB) has returned more $10 billion to more than 17 million consumers in the areas of debt collection,

June

25

• Consumers gain access to the 'heart' of CFPB complaints. Consumers now have a critical tool with which to educate and empower themselves in the financial marketplace. The Consumer Financial Protection Bureau’s (CFPB)

March

19

• Consumers gain access to firsthand complaint information through the CFPB. Consumer advocates applaud the CFPB for the major step it takes today to empower consumers in the marketplace. The Consumer Financial Protection Bureau will add

January

13

• Consumer groups present 'A Robust Agenda for Consumers'. Eight of the nation’s leading consumer organizations called on President Obama and lawmakers to help “level the playing field for consumers” by supporting a comprehensive agenda for consumer rights during the 114th Congress.

2014

November

18

• Specialty reports: Detailed dossiers that may determine your financial future (Consumer Action releases Insider’s Guide to Specialty Consumer Reports). Consumer Action has compiled information for consumers about "specialty consumer reports.” Like credit reports, these specialized consumer reports compile details about individuals to help companies predict a customer’s risk level to a business. But the existence of these “specialty” reports is not well known among consumers, who stand to lose the most if the reports contain errors or omissions.

July

16

• Kudos to the CFPB on public complaint proposal. Consumer Action applauds a proposal by the Consumer Financial Protection Bureau to allow consumers to opt to publicize details of their consumer complaints.

June

25

• New coalition forms to serve transitioning vets’ financial needs (Veterans Financial Coalition educates and advocates on behalf of military returning to civilian life). Washington, DC—A diverse group of organizations today announced the formation of a new coalition to address the needs and unique financial challenges military

February

12

• Consumer Action offers new Class Action Database (Free service keeps consumers apprised of notable cases and settlements). Our new Class Action Database allows consumers to see upcoming claims deadlines and to click through to official class action materials and settlement information.

2013

October

11

• Government shutdown's impact on consumer protection (Letter urges members of Congress to find resolution ). WASHINGTON, DC – A coalition of leading consumer groups today sent a letter to Members of Congress calling out the lapses in consumer protection caused

July

16

• Consumers score a big win at the CFPB. Senate confirmation of Richard Cordray as director of the Consumer Financial Protection Bureau is good news for American consumers, said Consumer Action, which has worked

February

01

• Consumer groups call on President and Congress to pursue strong consumer agenda. WASHINGTON, D.C. - In joint letters to President Obama and Congressional leaders, eight of the nation’s leading consumer organizations urged policymakers to

2011

December

15

• Privacy and consumer groups' statement of support for CFPB data use.                      Center for Digital Democracy * Consumer

2010

July

• U.S. Senate stands with consumers on financial reform. U.S. Senate passes comprehensive financial reform

June

25

• Financial Reform spells a win for consumers. The U.S. House and Senate conference committee passed a final bill today that includes a bureau devoted exclusively to consumer financial protection. “Consumer Action

17

• Consumer Action Anniversary and Awards. To mark its 39th year of education and advocacy, Consumer Action celebrates today with a party and awards ceremony in San Francisco.

2009

December

22

• Consumer Action nationwide survey of financial literacy programs (Financial literacy programs in local communities have continued need for printed materials). Consumer Action, a national non-profit consumer education and advocacy organization, has published the results of a survey of community-based organizations (CBOs) titled "Implementation of Community-based

August

18

• California coalition sets August legislative priorities. Nine consumer rights organizations, including Consumer Action, have sent a letter the California Legislature outlining pro-consumer legislative priorities during the final month of the 2009 session.

March

31

• Stipends help make communities MoneyWi$e (Consumer Action and Capital One provide small grants to local groups for consumer education). San Francisco — (March 31, 2009) – National consumer advocacy group Consumer Action and Capital One Financial Corporation (NYSE: COF) announced today that their joint MoneyWi$e

2008

November

05

• New website provides consumer education on insurance (Consumer Action debuts Insurance-Education.org 'sub site'). Consumer Action’s new Insurance Education website (www.insurance-education.org) is a free online clearinghouse for educational materials about the multitude of consumer insurance products

October

29

• Poll finds consumers concerned about credit in current economy (Most Americans want to avoid taking on new debt in next 12 months, study says). A new poll released today by Consumer Action finds that consumers are beginning to feel strain in the current economy, and that many are changing how they use and plan to use credit.

September

24

• CA to Congress: Protect homeowners and taxpayers (Consumer Action calls for accountability in the bailout plan). As Congress decides how and if they should toss a trillion dollar life preserver to the sinking financial services industry today, Consumer Action (CA) urges

May

07

• MoneyWi$e goes to Louisiana (Capital One and Consumer Action sponsor free financial literacy trainings). New Orleans — National consumer advocacy group Consumer Action and Capital One Financial Corporation announced that their joint MoneyWi$e financial literacy partnership will provide two

April

15

• House holds financial literacy hearing (Consumer Action statement added to the hearing record). The House Financial Services Committee, chaired by Rep. Barney Frank, today holds a hearing on financial literacy and education to examine the effectiveness of governmental