Wells Fargo’s False Promises

Forced arbitration. Bad for consumers, great for banks and other big businesses. Wells Fargo forced customers into forced arbitration, attempting to prevent class action suits and mitigate the impact of other legal claims against the scandal-ridden big bank. The L.A. Times reports: We’ve pointed out before that big companies like Wells Fargo love to force […]

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The CFPB’s Prepaid Card Rule Protects TN Consumers

A new rule from the Consumer Financial Protection Bureau gives all prepaid cards the basic fraud protections that cover debit cards; provides a simple, uniform chart to prevent hidden fees; tells employees about the fees on payroll cards and their choices for receiving wages; and limits excessive overdraft features on the few prepaid cards with […]

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Your Car May Kill You, Your Legislature Doesn’t Care

Used cars with safety recalls can be dangerous, even deadly. So, of course, a car dealer can’t sell you that used car with an open safety recall unless it has been repaired, right? Wrong. Current law does not prevent the sale of a used car with an open safety recall. And safety recalls kill. A […]

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Tell Our Senators: Don’t Go Nuclear!

We’ve been working week after week with our friends from Nashville Indivisible to let Senators Alexander and Corker know we expect them to actively resist the Trump agenda. Now, we can get a big win – and we need their help. Senator McConnell is threatening to use the “nuclear option” to end the Senate filibuster. […]

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Defend the CFPB’s Prepaid Rule

Our friends at the National Consumer Law Center sent this important message — defending the consumer protections provided by the CFPB is very important: We found out late last week that the new Congress may soon vote on its first attack on the Consumer Financial Protection Bureau and its work to protect consumers. A vote […]

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Stand Up and Defend the Wall Street Watchdog

From our friends at People’s Action: Trump told his crowds that when he was President he would go after the Wall Street elites. One look at this cabinet and we know (surprise!) he was lying. Trump and the Republicans are openly coming after the financial reforms that made the economy safer after the crash. They’re […]

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