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Credit settlement spurs refund for cardholders
If you have a credit card, watch closely. About 6 million credit card users are going to receive money back on their cards. And it doesn't matter if you have a rewards card or not. The reward you are about to get is unique. It's supposed to make up...
Tags: American Express Company, Finance, Sales, Economy, Business and Finance, Consumers
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Impact: Dodd-Frank Act Consumer Financial Protection Bureau has industries flustered
WASHINGTON (AP)— The new federal agency charged with enforcing consumer finance laws is emerging as an ambitious sheriff, taking on companies for deceptive fees and marketing and unmoved by protests that its tactics go too far. In the 14 months...
Tags: Capital One Financial Corporation, MGIC Investment Corporation, Citigroup Incorporated, Radian Group Incorporated, Insurance
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CFPB to begin to oversight of credit bureaus
Credit bureaus collect all sorts of information about us from creditors, and this information is used to make decisions about whether we deserve a loan, a job or an apartment. There are some 400 credit bureaus in the United States, but oversight has been...Tags: Credit Ratings, Economy, Business and Finance, Consumers, Credit and Debt, U.S. Consumer Financial Protection Bureau
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CFPB orders Capital One Bank to refund $140 million to consumers
Updated with Capital One's response In its first enforcement action, the Consumer Financial Protection Bureau has ordered Capital One Bank to refund $140 million to about two million customers. On top of that, the bank must pay a $25 million civil...Tags: Finance, Economy, Business and Finance, Consumers, Office of the Comptroller of the Currency, U.S. Consumer Financial Protection Bureau
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New financial aid form to help students, families chart college costs
L.A. NOWThe Obama administration on Tuesday released a version of a financial aid award letter that it said will allow students to better compare college costs before deciding where to enroll. The so-called “shopping sheet” is a one-page, standardized... -
Credit card complaint information public for the first time
Watchdog with Paul MuschickMost of us have had a beef with our credit card at some point. Maybe they raised your rate. Maybe they cut your credit limit. Maybe they messed up your bill or didn't let you cash in rewards points. As...... -
Banks' fees pay off ... for credit unions
Los Angeles TimesConsumers fed up with the rising tide of bank fees helped the nation's credit unions more than double their number of new customers last year, new figures show. More than 1.3 million Americans opened new credit union accounts last year, up from less than...Tags: Occupy Wall Street, JPMorgan Chase & Co., Consumers, Banking, White House
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Why Obama's recess battle really matters
It's easy to ignore President Barack Obama's dispute with Senate Republicans over his recess appointments if you don't care what the government is doing with your money. But if you do, this fight is about a lot more than whether one man gets a new job....Tags: Democratic Party, U.S. Senate, George Washington, Finance, Parties and Movements
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University of Maryland pledges to make financial aid transparent
University of Maryland system is among 10 colleges and universities promising to make financial aid transparent to students. It’s part of an Obama Administration effort to make sure incoming students understand what they’re getting into. The...Tags: Financial Aid, Joe Biden, Arne Duncan, Education, Consumers
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Wish list for new director of Consumer Financial Protection Bureau
To: Richard Cordray, Director
Consumer Financial Protection Bureau
Dear Mr. Cordray:
First, congratulations on your appointment to lead the Consumer Financial Protection Bureau.
Unless the banking interests have their way, your appointment is expected...Tags: Laws, Finance, Credit Ratings, Finance, Money and Monetary Policy
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Billionaires keep pouring millions into 'super PACs'
Billionaire political patrons filled the coffers of the presidential "super PACs" last month, spotlighting once again the enormous influence a tiny cadre of wealthy donors is having on the 2012 race. The biggest donations came from casino magnate Sheldon...Tags: Human Interest, Ron Paul, Democratic Party, Finance, Parties and Movements
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Consumer bureau to propose new rules for mortgage servicers
Anyone who has ever fought with a lender over a lost or misapplied house payment should be heartened by the latest news from the new federal mortgage industry watchdog. The Consumer Financial Protection Bureau plans to propose a straightforward...Tags: Mortgages, Finance, Economy, Business and Finance, Consumers, U.S. Consumer Financial Protection Bureau
Oct 12, 2012
|Column| Chicago Tribune
Sep 12, 2012
|Story| Petoskey News
Jul 16, 2012
|Story| Baltimore Sun
Jul 18, 2012
|Story| Baltimore Sun
Jul 23, 2012
| Los Angeles Times
Jun 21, 2012
| Allentown Morning Call
Mar 1, 2012
|Story| KCPQ-LTV
Jan 11, 2012
|Story| Chicago Tribune
Jun 5, 2012
|Story| Baltimore Sun
Jan 9, 2012
|Story| Baltimore Sun
Mar 21, 2012
|Story| Los Angeles Times
May 6, 2012
|Story| Los Angeles Times
Original site for Richard Cordray topic gallery.