Deceptive Acts and Practices

Thursday, October 17, 2019

Google Shuts Out Payday Loans With App-Store Ban


Google said it made the change ‘to protect people from deceptive and exploitative personal-loan terms’

https://www.
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Tuesday, September 10, 2019

Liberty Vittert: Collecting your data is the biggest, baddest, business around. Where's our government?



The Fair Credit Reporting Act was ahead of its time in terms of assuring consumer rights re: the accuracy of the data that is involuntary reported about consumers.  One of the next frontiers is establishing consumers' rights to control that data.  


Listen to Microsoft's president discuss . . .
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Thursday, August 22, 2019

There are no “quick fixes” to clean up your credit


If you’re trying to clean up your credit, you’ll come across plenty of companies offering an easy fix. But any company promising instant results for a price is likely a scam.

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Tuesday, August 13, 2019

Where You Went to College May Matter on Your Loan Application


Despite the growing embrace of such measures, some consumer advocates say the trend will hurt lower-income or minority borrowers. “It entrenches and perpetuates inequality in such an obvious and stark way,” says Chi Chi Wu, an attorney for the National Consumer Law Center, who adds that the existing system already makes it harder for people with lower income and fewer assets to qualify for cheaper loans. 

https://www.
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Friday, June 7, 2019

Clarence Thomas Just Voted With the Liberals in a Big Consumer Rights Case. Why?


The story of Home Depot is a tale of greed, grift, and civil procedure. It centers on a scheme that involved three companies: Home Depot, Citibank, and Carolina Water Systems Inc. Here’s how it allegedly worked. Representatives from Home Depot or CWS called homeowners and claimed that “contaminants” were found in nearby tap water. They urged homeowners to let them perform a test for “contaminants,” which was really just a test for water hardness; almost all tap water tested positive, even if it was perfectly safe.
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Thursday, April 4, 2019

Hundreds of millions of Facebook records exposed on Amazon cloud servers


A vast collection of data on Facebook users was exposed to the public until recently on Amazon's cloud computing servers, researchers have found.

UpGuard, a cybersecurity firm, 

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Monday, December 31, 2018

Wells Fargo to Pay States About $575 Million to Settle Customer Harm Claims


Latest settlement covers retail sales practices and auto-loan, mortgage charges

 

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Monday, August 6, 2018

Wells Fargo says hundreds of customers lost homes after computer glitch


Wells Fargo said the computer error affected "certain accounts" that were undergoing the foreclosure process between April 2010 and October 2015, when the issue was corrected.

About 625 customers were incorrectly denied a loan modification or were not offered one even though they were qualified, according to the filing. In about 400 cases, the customers were ultimately foreclosed upon.

https://money.cnn.com/2018/08/04/news/companies/wells-fargo-mortgage-modification/index.html


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Friday, April 27, 2018

Synchrony Bank accused of accessing individual's credit report in attempt to collect discharged debt

https://pennrecord.com/stories/511394886-synchrony-bank-accused-of-accessing-individual-s-credit-report-in-attempt-to-collect-discharged-debt
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Monday, April 23, 2018

Wells Fargo fined $1 billion for insurance and mortgage abuses

http://money.cnn.com/2018/04/20/news/companies/wells-fargo-regulators-auto-lending-fine/index.html
Read more . . .


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