- Monday, February 22, 2016
It's America Saves Week: Get on board! »
Saving money, improving your financial life, building wealth. It all starts when you set a goal and make a plan to reach that goal. So what is your goal? Set up an emergency cash fund? Get out of debt? Make a down payment on a car or home? Sock away money for college or retirement?
- Friday, December 18, 2015
Sign our petition: Preserve Lifeline for ALL in-need households! »
Don't hang up on Lifeline subscribers! The Federal Lifeline program subsidizes phone services for low-income households, giving them access to job opportunities, health care, and social services. But new recommendations would limit Lifeline eligibility only to households who receive food stamps (SNAP) and would rely on an inconvenient and possibly costly voucher payment system to provide benefits.
- Friday, December 18, 2015
Correcting and protecting your credit record »
The credit reporting issue of Consumer Action News covers some welcome changes in reporting rules and the dispute resolution process, explains how consumers can access free credit scores and deal with delinquent debt on their reports, and throws light on the rights and challenges for job seekers and data breach victims.
- Thursday, November 19, 2015
Insider’s guide to responding to debt collectors »
Millions of consumers are contacted by debt collectors every year. This concise “insider’s” guide to responding to a debt collection call or letter, written with input from an association of collectors, provides tips for communicating effectively with a collector, exercising and protecting your rights and avoiding debt collection scams.
- Thursday, November 19, 2015
Keep shareholder reports accessible to all »
The U.S. Securities and Exchange Commission (SEC) has proposed a new regulation (Rule 30e-3), which would eliminate the current default requirement for mutual funds to send shareholder reports and other important information to investors in paper form.
This change could disadvantage millions of investors – the majority of whom have already expressed a preference for paper-based investment materials.
- Tuesday, October 27, 2015
What to know before you pay on the go: Read our Mobile Payments Guide »
Take out your mobile phone at checkout and presto, you've paid! There's a little more to it than that... Consumer Action’s Mobile Payments Guide details how popular mobile payment systems work and what to consider when deciding to make mobile payments.
- Wednesday, July 15, 2015
Get Consumer Action's new e-newsletter, SCAM GRAM! »
SCAM GRAM is Consumer Action’s new monthly email alerting you to the dirtiest players in the world of tech fraud, credit card scams, ID theft and general con-artistry. Don’t be fooled by liars, cheaters and deceivers—wise up with SCAM GRAM!
- Tuesday, March 10, 2015
Find free tax assistance via community programs »
The IRS partners with a network of community organizations to offer free tax services at thousands of tax preparation sites around the country. These sites are generally located at community and neighborhood centers, libraries, schools, shopping malls and other convenient locations.
- Tuesday, September 30, 2014
MoneyWi$e Building and Keeping Good Credit Webinar »
This is a recording of a Consumer Action training webinar.
- Wednesday, September 17, 2014
MoneyWi$e Interactive Courses »
- Wednesday, July 30, 2014
Medical credit cards require careful scrutiny »
Unexpected medical and dental bills can wreak havoc with your budget. A number of companies offer credit cards to help consumers finance these bills, but Consumer Action found that several feature a trap called “deferred interest.”
- Tuesday, January 28, 2014
Learn about new remittance rules in our updated fact sheet »
Many immigrants send some of their earnings to relatives and friends in their home countries. There are several ways to transfer money to recipients outside the U.S., and different types of financial services and products can help you with this task.
- Wednesday, September 18, 2013
CFPB public database provides local mortgage stats »
The Consumer Financial Protection Bureau (CFPB) has launched an online tool to provide consumers with easy access to public mortgage information collected under the Home Mortgage Disclosure Act (HMDA). The tool enables greater transparency by helping inform people of trends in their local mortgage markets. The CFPB’s online HMDA tool is available at: www.consumerfinance.gov/hmda
- Wednesday, April 10, 2013
Take Our Survey: Peer-to-Peer Payments »
Consumer Action is conducting a survey on how consumers use Peer-to-Peer (P2P) payments and online tools designed to facilitate them.
P2P payments, sometimes called person-to-person payments, allow you to pay someone without cash or a check, even if the recipient can't accept credit or debit cards. For example, electronic P2P payments let you cover your share of a restaurant tab, reimburse a friend for tickets to a movie, or pay your babysitter, housekeeper and other individuals, usually with just a few taps on your smartphone or computer keyboard.
Help us out by taking the survey. Even if you haven't used peer-to-peer payment tools, you'll have a chance to tell us why you haven't.
- Thursday, January 03, 2013
Take our online poll: How were you impacted by the CARD Act? »
- Wednesday, October 31, 2012
Consumer Action compares credit card comparison sites »
With the rise of the Internet, comparing credit cards has become a business model for dozens of companies. Card comparison sites make money when consumers click through and apply for a card. Consumer Action looked at 54 sites to determine which ones offer the most useful and complete information to credit card shoppers. To narrow the list, we evaluated them using a checklist of key elements—and 13 met all or most of our criteria.
- Tuesday, June 26, 2012
Peer-to-Peer Lending: A new way to borrow »
Three P2P lending websites—Lending Club, Peerform and Prosper—enable unacquainted borrowers and lenders (called investors) to enter into a loan agreement in any U.S. state where the companies operate. The money to fund the loans is put up by individuals or groups of investors, not banks or credit card companies.
- Wednesday, April 25, 2012
NEW! Consumer Action's Prepaid Cards Survey »
Consumer Action took a look at the market for general purpose reloadable prepaid cards—an alternative to credit and debit cards—and collected our findings in a new survey that examines 28 cards from 11 issuers.
- Tuesday, August 10, 2010
Consumer Action weighs in on usefulness of key housing data »
At an Aug. 5, 2010, hearing about data collected under the Home Mortgage Disclosure Act (HMDA), Consumer Action offered ideas for using this key housing data more effectively to build initiatives around homeownership and housing policy.
- Wednesday, June 03, 2009
Looking for a job and finding a scam »
Finding work in today's economy isn't easy. To make matters worse, some of the millions of Americans going online to find work are, instead, being scammed.
According to MSN and Marketwatch, some consumers are falling victim to fake job postings that lure an unsuspecting applicant into becoming a "mule" for illegal operations, such as wiring money or shipping stolen merchandise. The job description might sound legitimate, using the words "international wire transfers" or "repackaging merchandise" to attract would-be employees, and some scammers are even setting up fake professional-looking corporate websites for the job posts.
- Thursday, March 05, 2009
2009 MoneyWi$e Stipend Program »
Consumer Action and Capital One are proud to announce the selection of stipend programs for 2009. Seventeen community organizations that attended the MoneyWi$e trainings hosted in Texas and Louisiana will receive financial support from Consumer Action and Capital One to further advance their financial literacy efforts.
- Thursday, July 24, 2008
Take MoneyWi$e interactive classes online »
Consumer Action and Capital One, long-time partners in the MoneyWi$e financial literacy project, have created an online interactive course to help you manage your money.
- Tuesday, June 10, 2008
Less driving may mean insurance savings »
As the price of gasoline tops $4 a gallon nationwide, the Consumer Federation of America (CFA) has released a consumer alert based on its analysis showing that consumers who are driving less could save an average of 5%- 15% on their automobile insurance rates—about $47 to $142.
- Friday, March 14, 2008
Financial education for the armed forces »
Outreach staff members Mikael Wagner and Linda Williams are featured in a video segment about Consumer Action’s MoneyWi$e partnership with Capital One and how important financial literacy is to military families.