Originally airing on NPR during All Things Considered on February 4, 2023, Chris Arnold discusses deceptive auto sales and interviews John Van Alst. “It does happen all too frequently,” says John Van Alst, an attorney with the nonprofit National Consumer Law Center. Usually, when you finance a car through the dealer, technically you owe the…
An article appearing in NBC News on January 26, 2023 by Alex Ford quotes Margot Saunders while looking at the more than 15 billion political texts that were sent in 2022, according to call-blocking service Robokiller, something experts attribute to a Supreme Court decision that eliminated the requirement to obtain consent when sending mass texts.…
An article appearing in American Banker on February 7, 2023 by Penny Crossman quotes Lauren Saunders in coverage of the Federal Deposit Insurance Corporation’s (FDIC) lowering Transportation Alliance Bank’s Community Reinvestment Act rating from “satisfactory” to “needs to improve,” based on the behavior of one of its fintech lending partners. “TAB Bank has been disserving…
An article appearing in TIME on March 8, 2023 by Solcyre Burga advises borrowers that before they make any decisions about possibly changing their payment plan or applying for a forbearance or deferment they first research their options and reach out to their loan servicer, quoting Kyra Taylor. Information about the type of loan you…
Read More about TIME: "What to Do If You Can't Afford to Pay Back Your Student Loans"
An article appearing in CNN on March 3, 2023 answers the questions: What is the CFPB? How does its work affect your wallet? And why is its future potentially at risk? It [the CFPB] has completely changed the consumer financial marketplace. Overall it has had a tremendous impact on making it more fair and transparent,”…
Read More about CNN: "CFPB: What it does and why its future is in question"
An article appearing in USA Today on March 7, 2023 by Alia Wong and Chris Quintana covers Democratic lawmakers’ support for President Joe Biden’s student loan forgiveness plan and quotes Abby Shafroth. A return to loan payments, absent avenues for relief, could throw many borrowers into financial disarray. “This is a real disaster waiting for us.”…
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