Press Release Archive

2009

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…

March

28

• MoneyWi$e financial literacy project visits New Jersey. Consumer Action and Capital One will hold a free MoneyWi$e financial training seminar for community groups in the New York metropolitan area on March 28…

February

09

• Consumer Action anuncia nueva campaña educativa sobre telecomunicaciones en California (Esfuerzos educativos durante la Semana Nacional de Protección al Consumidor). Consumer Action (CA), una organización sin fines de lucro nacional de educación y defensa al consumidor basada en San Francisco, anunció hoy el Proyecto de…

• CA announces new California telephone education campaign (Effort marks National Consumer Protection Week).

  Consumer Action (CA), a San Francisco-based national non-profit education and advocacy organization, today announced a Telecommunications Community Education Project to educate low and moderate-income consumers…

2006

October

30

• MoneyWi$e issues free multilingual ID theft guide.

  Ninety-three percent of Americans are well aware of the growing crime of identity theft. Yet despite free access to credit reports and numerous educational…

05

• Second annual America’s Financial IQ survey. Oct. 5, 2006 – Despite the fact that almost six out of 10 Americans consider themselves “very” or “highly” knowledgeable when it comes to personal…

July

24

• MoneyWi$e program awards financial education grants.

  Consumer advocacy group Consumer Action and Capital One Financial announced today that their joint MoneyWi$e financial literacy partnership will award stipends…

2005

November

02

• Elder fraud guide released by MoneyWi$e partners (Consumer Action and Capital One helps seniors spot scams and fight back). More than five million elderly people are victimized by financial fraud each year, and with millions of baby boomers quickly approaching retirement age, elder fraud is a growing concern in the United States. With this in mind, national consumer advocacy group Consumer Action and leading financial services provider Capital One have developed a free new guide, Just Say No to Senior Scams. The guide offers tips seniors can use to spot and protect themselves from scams and is part of the Capital One-Consumer Action MoneyWi$e financial education series.

September

06

• National MoneyWi$e Survey Shows Americans Are Not Financially Fit. Capital One and Consumer Action find majority of Americans lack basic understanding of credit scores and the fundamentals of personal finance.

May

24

• Consumer Action's 2007 Credit Card Survey released (‘Any time, any reason’ changes in terms give consumers no place to hide from high penalty rates and interest rate tricks).

  For immediate release, Thursday, May 24, 2007—Consumer Action (CA) today releases its 2007 Credit Card Survey, which reveals new details…

2004

March

08

• Consumer Action and Capital One Launch New MoneyWi$e Web Site (MoneyWi$e Provides Consumers with Access to Free Financial Education). As part of their national financial literacy partnership, non-profit Consumer Action and credit card issuer Capital One today launched a new, free online financial education and money management resource for consumers, the MoneyWi$e website.

2003

August

13

• MoneyWise: A Consumer Action-Capital One Financial Education Project (Free Financial Education Brought to You by Consumer Action and Capital One).

  Winner: Innovative Financial Education Program 2003 NACAA Consumer Education Awards

  Consumer Action and Capital One formed the MoneyWi$e national financial literacy partnership to educate consumers…