YOU LOVE TO SEE IT: The Consumer Watchdog Catches A Break
Plus, sick leave is sticking around, Medicaid tackles climate change, criminal justice reform is helping communities, and another state aims to make Big Oil pay.
CFPB
The Lie Banks Use To Protect Their Late-Fee Profits
Corporations think they’re entitled to sky-high profits, and it’s destroying the economy.
Banks Want To Protect Their Junkiest Junk Fee
Banks are fighting a rule that would stop predatory fees they claim they don’t even charge.
The Lie That’s Inflating Your Credit Card Bills
Credit card companies doubled interest rates on the false claim of inflated financial risk — and now to fight new late-fee rules, they’re threatening to raise them even higher.
The Fed Is Behind The Credit Card Merger
If Capital One is allowed to acquire Discover, it’ll gain access to a government loophole allowing it to raise prices and reduce competition.
Your Bank Traps You. Here’s The Fix.
Financial institutions are doing everything they can to prevent consumers from shopping around for better banking options.
Campaign Cash Goes In, Late Fees Come Out
Republican lawmakers funded by the credit card industry are fighting to protect the excessive fees companies charge consumers.