For most families, the pursuit of higher education means…
Author Archives: Charlene Crowell
Posted inOpinion-OW
Consumer bureau wins $531 million lawsuit against Corinthian Colleges
After more than a year of legal tap dancing by Corinthian Colleges, half a billion dollars or to be exact, $531,224,267 of financial justice has been ordered for students who attended the now-defunct private college.
Posted inNews, News-OW
Congress urges stronger action against ‘payday’ loan vendors
The Federal Trade Commission (FTC) will provide $32 million in relief to consumers who were caught in a maze of charges and fees designed to trap them in payday loans they never authorized. The enforcement action announced July 7, affects two lenders based in Kansas City, Mo. who operated as many as 16 different businesses involved in online lending. The FTC also imposed an additional $22 million fine against the lenders and banned them from all consumer lending.
Posted inOpinion-OW
Congress urges stronger action against ‘payday’ loan vendors
The Federal Trade Commission (FTC) will provide $32 million in relief to consumers who were caught in a maze of charges and fees designed to trap them in payday loans they never authorized.
Posted inBusiness-OW
African American consumers remain strong supporters of Dodd-Frank
A recent consumer survey shows that support for financial regulation including the Dodd-Frank Wall Street Reform Act and the Consumer Financial Protection Bureau (CFPB) is strong.