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Financial Reform

Today, CFPB to announce overdraft fee investigation, unveil "penalty box" disclosure, possibly end $39 lattes.

Wednesday, February 22, 2012
By | Ed Mierzwinski
Consumer Program Director

Would you knowingly agree to pay a $35 fee each time you used your debit card at point of sale, simply to allow you to purchase a $4 latte with only $2 in your account? Even the banks didn't think so, that's why they made “standard overdraft protection” a feature of your checking account that you didn't need to choose...

Report | Illinois PIRG | Financial Reform

Ten Reasons We Need The Consumer Financial Protection Bureau Now

This report outlines predatory financial practices that hurt consumers and helped collapse the economy, costing us eight million jobs, millions of foreclosed homes and trillions of dollars in lost home and retirement values.

News Release | Illinois PIRG | Financial Reform

New Consumer Agency Takes Over Thursday as Nation’s Consumer Bank Cop

Leading consumer groups were joined by Housing and Urban Development Regional Administrator Antonio Riley today to announce the results of a poll showing that an overwhelming majority of likely voters both support a new consumer agency (74%) and want Wall Street held “accountable” (77%), along with a report documenting “10 reasons” consumers need the new Consumer Financial Protection Bureau (CFPB).

Resource | Budget, Consumer Protection, Democracy, Financial Reform, Food, Health Care, Higher Ed, Safe Energy, Solid Waste, Tax, Transportation

Beat High Bank Fees

Banks rely on consumer indifference when they raise fees. They count on consumers not shopping around. PIRG’s Big Banks, Bigger Fees reports routinely find that small banks and credit unions are not following the big banks’ lead; they still offer many free or low cost accounts.

Resource | Budget, Consumer Protection, Democracy, Financial Reform, Food, Health Care, Higher Ed, Safe Energy, Solid Waste, Tax, Transportation

TIPS FOR TOY SAFETY

Thousands of toys are on the market, each promising to educate or entertain our children. Unfortunately, not every toy is safe. Toy buyers can help protect children from injury by being careful, vigilant shoppers.

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