Senate should enhance consumer credit protections for servicemembers and their families
Consumer Action joined in sending a letter of support for S. Amdt. 1294 to S. 1867, the Defense Authorization Bill, which would close legal loopholes that allow payday and auto title lenders to bilk military men and women.

New protections on remittances offer solid standards for consumers
In a letter to the Federal Reserve Board, Consumer Action joined other advocates in praising new remittance protections for consumers and offering recommendations on problematic areas of the regulations.

OCC must drastically strengthen payday loan and overdraft protections
In a letter to the Office of the Comptroller of the Currency (OCC), Consumer Action and other members of Americans for Financial Reform comment on the OCC's proposed guidance on payday loans and overdraft programs.

CA files amicus brief in tax refund case
Consumer Action signed onto an amicus brief in support of the plaintiff, Estuardo Ardon, who alleges that his local municipality illegally collected taxes and refused to pay a refund on those levies. Ardon argued that the Los Angeles Telephone Users’ tax was unconstitutional, and taxpayers have the right to file a class action suit seeking refunds.

Real debt help
Consumer Action partnered with other national consumer groups to provide tips on how to avoid debt relief scams and bogus mortgage relief assistance. The Get Real Debt Help fact sheet explains debt relief danger signs, rules on upfront fees, and where to turn for real debt help. (Available in Spanish and English).

Don't handcuff the Consumer Financial Protection Bureau
Organizations, including Consumer Action, signed onto a letter opposing two separate bills in the House of Representatives that would greatly limit the effectiveness of the Consumer Financial Protection Bureau (CFPB) by giving discredited banking regulators power to block certain protections.

Old exceptions to risk-based pricing rule must be removed before Dodd-Frank can work
Consumer Action signed onto comments that point out problems with provisions proposed by the Federal Reserve and the FTC that would fail to remove currently-existing exceptions to the risk-based pricing rule (if the creditor makes a credit scoring disclosure) in the Dodd-Frank bill.

CFPB complaint system must resolve complaints and meet public expectations
Consumer Action joined a coalition of organizations in asking the Consumer Financial Protection Bureau (CFPB) to design a complaint and inquiry database that effectively gives consumers the information they need, increases regulatory resources, and provides government agencies with early warning signs of problems in the financial sector.

Agencies need adequate funds to fufill financial reform legislation
In coalition with an extensive list of organizations, Consumer Action asked Congress to ensure that the Securities and Exchange Commission (SEC) and the Commodity Futures Trading Commission (CFTC) are adequately funded so that they can meet the mandates of the financial reform legislation that passed this year.

Congress should enact legislation to ban tax strategy patents
In a letter to the heads of key Congressional committees, Consumer Action and its coalition partners urged lawmakers to pass legislation banning tax strategy patents, arguing that they are a costly and burdensome problem for Americans.

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