Press Release Archive
2010
January
26
- Consumer groups warn of debt settlement trap (Groups offer debt-strapped consumers advice on getting real relief). For-profit debt settlement services can't be counted on to help consumers lighten their debt load.
2009
December
22
- Consumer Action nationwide survey of financial literacy programs (Financial literacy programs in local communities have continued need for printed materials). Consumer Action, a national non-profit consumer education and advocacy organization, has published the results of a survey of community-based organizations (CBOs) titled "Implementation of Community-based…
17
- Avoid costly cell phone fees (Consider new low cost wireless plans instead of contract-based phone service). Note: A streaming audio recording of the news event will be available as of 6 p.m. EST/3 p.m. PT today. Groups call Ticketmaster merger a 'Ticket Disaster' (DOJ asked to block proposed merger). WASHINGTON, D.C.—Joined by Members of Congress, leading public interest advocates and live event industry representatives today called on the Department of Justice (DOJ) to live…
November
20
- Stop evasions by credit card companies (Consumer advocates ask the Fed to stop issuers' schemes in advance of new law). Advocates from national consumer groups today will urge the Federal Reserve Board to close loopholes in its proposed rules to prohibit credit card companies from…
October
08
- Consumer Action testifies to House on credit card law abuses (Ruth Susswein calls for earlier effective date on credit card rules). Consumer Action will testify today before the U.S. House Financial Services Committee on the need for an earlier implementation date for the CARD Act. At…
August
21
- Warning: 'Clunker' double-dipping could occur (Taxpayers, car buyers should not have to pay twice). Consumers for Auto Reliability and Safety (CARS), Consumer Action and Public Citizen today called upon the U.S. Department of Transportation (DOT) to ensure, as the…
18
- California coalition sets August legislative priorities. Nine consumer rights organizations, including Consumer Action, have sent a letter the California Legislature outlining pro-consumer legislative priorities during the final month of the 2009…
13
- Groups seek crackdown on Cash for Clunkers scams (Car buyers subject to bait and switch and higher-than-usual prices). Consumers for Auto Reliability and Safety and Consumer Action today urged the U.S. Department of Transportation to act to protect car buyers from Cash for…
July
02
- Protections for victims of auto bankruptcies.
Consumer groups petitioned the Federal Trade Commission today, seeking warnings on approximately 30 million Chrysler vehicles produced prior to May 30, when the "New Chrysler"…
March
31
- Stipends help make communities MoneyWi$e (Consumer Action and Capital One provide small grants to local groups for consumer education). San Francisco — (March 31, 2009) – National consumer advocacy group Consumer Action and Capital One Financial Corporation (NYSE: COF) announced today that their joint…
January
30
- Consumer victory: National wreck registry is a reality. The National Motor Vehicle Title Information System (NMVTIS) will allow consumers to learn if a used car has been seriously damaged or stolen, based on information tied to the car’s vehicle identification number (VIN).
13
- MoneyWi$e lanza material didáctico financiero por Internet en español. Módulos interactivos ayudan a padres, adolescentes y jóvenes adultos a explorar los fundamentos del manejo monetario.
- MoneyWi$e computer based training now available in Spanish. Consumer Action and Capital One Financial Corporation (NYSE:COF) today announce that their new, interactive financial education "computer based training," or eLearning course is now available…
2008
December
22
- New credit card rules will help rebalance lopsided system (Consumer protections take effect in July 2010). For the first time, credit cardholders will have new protections against some of the most unfair and costly industry practices. New federal rules will reduce…
November
18
- ‘Gift Card Holder’s Bill of Rights’ for holiday season. Nov. 20, 2008—The National Consumers League (NCL), joined by Consumer Action and the Montgomery County (Maryland) Office of Consumer Protection, today called on issuers of…
October
29
- Poll finds consumers concerned about credit in current economy (Most Americans want to avoid taking on new debt in next 12 months, study says). A new poll released today by Consumer Action finds that consumers are beginning to feel strain in the current economy, and that many are changing how they use and plan to use credit.
August
14
- New online MoneyWi$e financial education resource (Interactive eLearning modules on personal finance topics include printable tip sheets). Consumer Action, a leading national advocacy and education organization and Capital One Financial Corporation (NYSE:COF) have launched new, interactive financial education eLearning modules for consumers.…
May
07
- MoneyWi$e goes to Louisiana (Capital One and Consumer Action sponsor free financial literacy trainings). New Orleans — National consumer advocacy group Consumer Action and Capital One Financial Corporation announced that their joint MoneyWi$e financial literacy partnership will provide two…
05
- Banking regulators target credit card abuses (Rules take first step to rein in unfair interest rate hikes). Representatives of national consumer organizations today applauded federal banking regulators for proposing initial rules to curb some abusive credit card lending practices. The groups also…
April
15
- House holds financial literacy hearing (Consumer Action statement added to the hearing record). The House Financial Services Committee, chaired by Rep. Barney Frank, today holds a hearing on financial literacy and education to examine the effectiveness of governmental…
January
- Ayuda contra los préstamos abusivos en Español.
Americans for Fairness in Lending (estadounidenses a favor de préstamos justos o AFFIL, por sus siglas en inglés) anunció hoy que lanzó un nuevo
- Anti-predatory lending advice in Spanish (Consumer Action helps Americans for Fairness in Lending target Spanish-speakers). Americans for Fairness in Lending (AFFIL) announced today that it has launched a new Spanish-language website [http://www.affil.org/es] to help counter…
2007
December
04
- Senate highlights unfair credit card rate hikes. Today the Senate Permanent Subcommittee on Investigations held a hearing, "Credit Card Practices: Unfair Interest Rate Increases" to examine the circumstances under which credit card…
May
16
- Credit card reform bill aims at consumer abuses (National consumers groups support the legislation). National consumer organizations today applauded Senator Carl Levin (D-Michigan) for introducing broad legislation to curb abusive credit card lending practices. The “Stop Unfair Practices in…

