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“What we’re seeing is a wholesale abandonment of consumer protection, leaving people to fend for themselves when credit card companies, banks, payday lenders and payment apps violate the law,” said Lauren Saunders of the National Consumer Law Center.

ProPublica (@propublica.org) “What we’re seeing is a wholesale abandonment of consumer protection, leaving people to fend for themselves when credit card companies, banks, payday lenders and payment apps violate the law,” said Lauren Saunders of the National Consumer Law Center. https://propub.li/3XFryOZ

Economic BLACKOUT.
On February 28, 2025,
BOYCOTT
Walmart, Amazon, Target, AirBnB and other
ANTI-AMERICAN Businesses.

Americans' credit card debt reaches new record high: New York Federal Reserve

Americans' credit card debt reaches new record high: New York Federal Reserve Americans' household debt is at a new all-time high $18.04 trillion, according to a report released Thursday by the Federal Reserve Bank of New York.

Consumers are boycotting major retailers. Here's what they plan for 'blackout' on Feb. 28, 2025

Consumers are boycotting major retailers. Here's what they plan for 'blackout' on Feb. 28 A growing number of organizations and activists are calling on consumers to boycott retailers. We explain why.

Consumer Financial Protection Bureau is ordered by Russell Vought to stop fighting financial abuse

Consumer Financial Protection Bureau is ordered by acting director to stop fighting financial abuse | CNN Business Russell Vought, the newly installed acting director of the Consumer Financial Protection Bureau, sent an email Saturday night ordering all employees at the consumer watchdog to stop virtually all work — including fighting financial abuse.

Trump fires the director of the Consumer Financial Protection Bureau

Trump fires the director of the Consumer Financial Protection Bureau President Donald Trump has fired the director of the Consumer Financial Protection Bureau, Rohit Chopra, in the latest purge of a Biden administration holdover. Chopra was one of the more important regulators from the previous Democratic administration who was still on the job since Trump took offic...

Biden administration bans unpaid medical bills from appearing on credit reports

Source: The Associated Press

Biden administration bans unpaid medical bills from appearing on credit reports - NewsBreak Unpaid medical bills will no longer appear on credit reports, where they can block people from mortgages, car loans or small business loans, according to a

Experian credit bureau does not properly investigate credit report disputes and fails to remove or reinserts errors on reports, threatening consumers’ access to credit, employment, and housing.
Fix Your Credit Now!

CFPB Sues Experian for Sham Investigations of Credit Report Errors | Consumer Financial Protection Bureau The CFPB sued Experian, the nationwide consumer reporting agency, for unlawfully failing to properly investigate consumer disputes.

Credit card debt set to hit record levels as consumer holiday spending rises

Credit card debt set to hit record levels as consumer holiday spending rises The National Retail Federation reported last week that spending between Nov. 1 and Dec. 31 is “clearly on track” to reach a record, between $979.5 billion and $989 billion.

Student loan servicer transfer led to millions of consumer credit reporting errors
https://www.facebook.com/share/1EhW2hU7Hi/

Student loan servicer transfer led to 'millions of consumer credit reporting errors': Lawmakers The change in loan servicers caused nearly 2 million duplicate student loan records to appear on borrowers’ credit reports.

New Federal Rule Limits Overdraft Fees at Large Banks

New Federal Rule Limits Overdraft Fees at Large Banks It is unclear whether the rule, which could help save Americans billions in fees each year, will remain in place after President-elect Donald J. Trump returns to office.

Fed lower rates by 0.50 percentage points

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