Consumer protection and advocacy

December 19, 2018 - 12:01 pm
NEW YORK (AP) — The Consumer Financial Protection Bureau has decided to abandon a controversial renaming plan, in one of the first big decisions by its new permanent director. The CFPB no longer wants to call itself the "Bureau of Consumer Financial Protection," a change that had been sought by...
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FILE In this April 17, 2006, file photo a man signs a check in Anchorage, Alaska. Have you received a preapproved offer in the mail this holiday season that looks like a check, made out to you and ready to cash? Before you rush to the bank, visions of presents dancing in your head, know that it’s not free cash. Rather, it’s more likely an expensive loan. (AP Photo/Al Grillo, File)
December 14, 2018 - 7:09 am
Have you received a preapproved offer in the mail this holiday season that looks like a check, made out to you and ready to cash? Before you rush to the bank, visions of presents dancing in your head, know that it's not free cash. Rather, it's more likely an expensive loan. Such pre-screened mail...
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FILE- This April 2, 2014, file photo, shows the headquarters of student loan debt collector Navient Corporation, in Wilmington, Del. One of the nation’s largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into high-cost repayment plans. That’s the finding of a Department of Education audit of practices at Navient Corp., the nation’s third-largest student loan servicing company. (William Bretzger/The News Journal via AP, File)
November 20, 2018 - 1:46 pm
NEW YORK (AP) — One of the nation's largest student loan servicing companies may have driven tens of thousands of borrowers struggling with their debts into higher-cost repayment plans. That's the finding of a Department of Education audit of practices at Navient Corp., the nation's third-largest...
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Former Vice President Joe Biden speaks as he appears at a campaign rally for incumbent Sen. Claire McCaskill, D-Mo., Wednesday, Oct. 31, 2018, in Bridgeton, Mo. McCaskill is running for re-election. (AP Photo/Jeff Roberson)
November 02, 2018 - 2:45 am
COLUMBUS, Ohio (AP) — Campaigning in the neck-and-neck Ohio governor's race is intensifying in the run-up to Tuesday's election. Massachusetts U.S. Sen. Elizabeth Warren rallied college students on Thursday for Democratic candidate Richard Cordray, the former federal consumer protection chief...
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FILE- This April 2, 2014, file photo, shows the headquarters of student loan debt collector Navient Corporation, in Wilmington, Del. The American Federation of Teachers filed a lawsuit Wednesday, Oct. 3, 2018, against Navient, one of the country’s largest student loan servicing companies, alleging that it failed to guide eligible borrowers through a critical student loan forgiveness program. (William Bretzger/The Wilmington News-Journal via AP, File)
October 03, 2018 - 4:59 pm
NEW YORK (AP) — The American Federation of Teachers filed a lawsuit Wednesday against Navient, one of the country's largest student loan servicing companies, alleging that it failed to guide eligible borrowers through a critical student loan forgiveness program. At the center of the lawsuit,...
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FILE - In this March 22, 2017, file photo, President Donald Trump , left, and Texas State Sen. Dawn Buckingham, right, listen as Administrator of the Centers for Medicare and Medicaid Services Seema Verma speaks during a meeting on women in healthcare in the Roosevelt Room of the White House in Washington. Medicare is modernizing its website to make it more useful for beneficiaries, particularly younger ones already going online for information from insurers, hospitals and doctors. (AP Photo/Evan Vucci, File)
October 01, 2018 - 1:37 pm
WASHINGTON (AP) — Approaching annual sign-up season, Medicare is modernizing its website to make it more useful for beneficiaries already accustomed to searching online for insurers, hospitals and doctors, officials announced on Monday. But some consumer advocates said the changes reflect a subtle...
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FILE- In this May 1, 2018, file photo, Facebook CEO Mark Zuckerberg makes the keynote speech at F8, Facebook's developer conference in San Jose, Calif. Facebook says it recently discovered a security breach affecting nearly 50 million user accounts. In a blog post, Friday, Sept. 28, the company says hackers exploited its "View As" feature, which lets people see what their profiles look like to someone else. Facebook says it has taken steps to fix the security problem and alerted law enforcement. (AP Photo/Marcio Jose Sanchez, File)
September 28, 2018 - 9:08 pm
NEW YORK (AP) — Facebook reported a major security breach in which 50 million user accounts were accessed by unknown attackers. The attackers gained the ability to "seize control" of those user accounts, Facebook said, by stealing digital keys the company uses to keep users logged in. They could do...
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California Attorney General Xavier Becerra, left, and San Francisco District Attorney George Gascon, right, talk about a settlement with Uber over a data breach during a news conference Wednesday, Sept. 26, 2018, in San Francisco. Uber will pay $148 million and tighten data security after the ride-hailing company failed for a year to notify drivers that hackers had stolen their personal information, according to a settlement announced Wednesday. (AP Photo/Eric Risberg)
September 26, 2018 - 3:18 pm
CHICAGO (AP) — Uber will pay $148 million and tighten data security after the ride-hailing company failed for a year to notify drivers that hackers had stolen their personal information, according to a settlement announced Wednesday. Uber Technologies Inc. reached the agreement with all 50 states...
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EU Consumer Commissioner Vera Jourova talks to journalists during a news conference at the European Commission headquarters in Brussels, Thursday, Sept. 20, 2018. European Union officials say Airbnb has agreed to clarify its pricing and booking system in response to complaints that they could mislead consumers. (AP Photo/Francisco Seco)
September 20, 2018 - 3:52 am
BRUSSELS (AP) — The European Union's consumer protection chief said Thursday she's growing impatient with Facebook's lack of action in complying with the bloc's demands to be more transparent with users about their data. EU Consumer Commissioner Vera Jourova said she's still waiting for results...
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This Feb. 2, 2018, photo, shows a signboard of the name of cryptocurrency exchange Coincheck, in Tokyo. Tech Bureau Corp. said Thursday, Sept. 20, 2018, a server for its Zaif exchange was hacked for two hours last week, and some digital currencies got unlawfully relayed from what’s called a “hot wallet,” or where virtual coins are stored at such exchanges. Earlier this year, Coincheck reported a 58 billion yen ($547 million) loss of a cryptocurrency called NEM from suspected criminal hacking. (Kyodo News via AP)
September 19, 2018 - 11:40 pm
TOKYO (AP) — Hackers have stolen 6.7 billion yen ($60 million) worth of cryptocurrencies from a Japanese digital currency exchange, the operators said Thursday. Tech Bureau Corp. said a server for its Zaif exchange was hacked for two hours last week, and some digital currencies got unlawfully...
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