Auto Dealers Settle Consumer Deception Charges
Two Ohio auto dealers agreed Tuesday to settle Federal Trade Commission charges that they tricked consumers with advertisements touting low monthly care lease payments while not disclosing important terms of the offers - including credit score requirements.  more »
Ohio consumers searching for small-dollar loans each year end up with more than $502 million in fees, according to a new report. more »
A review of IRS forms submitted by more than 1,800 nonprofit U.S. hospitals indicates healthcare providers aren’t meeting all requirements related to community health needs assessments and financial assistance policies. more »
A new report based on research from the Harvard Joint Center for Housing Studies indicates student loans bet has a potentially strong impact on consumers seeking to move from renting to buying a home. It also could delay their ability to build savings for a mortgage down payment. more »
There was mixed news released Tuesday concerning homeowners facing financial difficulties. more »
Consumer credit markets continued their strong performance in Q3 with mortgage delinquency rates holding a trend of double-digit annual declines and auto loans and credit cards showing signs of strength through stable defaults and balance growth. more »
The Consumer Financial Protection Bureau is pushing back against a lawsuit from PHH Corp. that claims the agency erred in overturning an administrative law judge's recommendation to limit the amount of penalties it could face. more »
Wells Fargo has agreed to pay $81.6 million to settle a federal investigation into its alleged failure to properly notify homeowners of increases in their mortgage payments. more »
Consumers' average daily spending in October totaled among the highest amounts this year and more than reports for October dating between 2009 and 2012, according to Gallup’s latest daily spending poll results. more »
Global Financial Support, a student financial aid company, is facing a CFPB lawsuit for allegedly tricking consumers into paying for sham financial aid services and falsely indicating it was affiliated with government and academic institutions. more »
Security National Automotive Acceptance Co. will pay $3.28 million in refunds and fines to settle CFPB charges that it used illegal debt collection tactics against military service members. more »
The ACLU filed a federal lawsuit Wednesday accusing Biloxi, Mississippi officials of jailing people if they did not pay their court fees and fines. more »
NARCA held elections for secretary, treasurer and board of directors at the NARCA 2015 Fall Collection Conference in Washington, D.C. While the secretary and treasurer positions were uncontested, ten NARCA members ran for six board seats. more »

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