A Message from Consumer Action

Consumer Action's MoneyWi$e educational materials have moved to our Managing Money Project website. Here you may view, download and order bulk copies of the MoneyWi$e materials. Please make a note of the Managing Money Project address— www.managing-money.org —and add it to your address book.

Coalition Efforts

Consumer Action is working on these important issues along with other organizations. If you would like to know more about these issues, please see "More Information" at the end of each article.
 

Postings

JOBS Act Rulemaking: Title II
The coalition calls for the SEC to make improvements in the JOBS Act.

The Fair Debt Collection Practices Clarification Act
Coalition asking Rep. Barney Frank to modify language that would increase the burden for consumers asserting their rights against debt collectors.

Call for Postmaster General Donahoe’s resignation
Consumer Action joins Ralph Nader in a critical broadside highlighting fumbles by USPS leader.

On the FSC proposal to eliminate budgetary independence of the CFPB
The coalition strongly opposes the FSC proposal to eliminate budgetary independence of the CFPB.

The Know Before You Owe Act of 2012
Senators Durbin and Harkin introduced the Know Before You Owe Act, which requires school certification for all private student loans.

Strengthen JOBS Act Investor Protections
CFA urges Senate to vote YES on Cloture for Reed-Landrieu-Levin Substitute Amendment. If that Fails, Vote NO on Cloture for the House Bill.

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).

Support Elizabeth Warren for consumer watchdog job
Consumer, civil and human rights organizations wrote to President Obama on Aug. 9 to urge him to nominate Elizabeth Warren to serve as the first director of the Consumer Financial Protection Bureau (CFPB).

Wisconsin payday loan cap gains support across state
Wisconsinites for Responsible Lending (WRL)—of which Consumer Action is a founding member—has announced the addition of new member organizations to its grassroots coalition.

Groups seek stronger mortgage reform bill
Consumer Action signed on to Congressional testimony that opposes current mortgage reform legislation (HR 1728). The bill would provide some needed protections to predatory lending, but would also replace stronger state laws with weaker federal protections.

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