Student Consumer Action Network

Don't Get Ripped Off

After Wall Street practices brought down the entire U.S. and parts of the world economies, Congress finally stepped up in July 2010 and enacted the Dodd-Frank Wall Street Reform and Consumer Protection Act. The centerpiece of this landmark legislation is the creation of the Student PIRG-backed Consumer Financial Protection Bureau (CFPB), a new agency that will act as a counterbalance to the banks and ensure that the credit cards, mortgages, and student loans that consumers use are safe and easy to understand. As of July 21, 2010, when you have a complaint about a bank or credit card company, you can call on the new CFPB, which is already online at www.ConsumerFinance.gov. 

Campaign Updates

Ryan Budget a Windfall for Special Interests, Devastating to Public Priorities

Statement of U.S. PIRG Tax and Budget Associate Dan Smith on the FY 2013 budget proposed by Chairman Paul Ryan of the House Budget Committee.

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Groups target textbook prices to rein in college costs

A push to create free or inexpensive textbooks is gaining momentum as educators, philanthropists and policymakers nationwide search for new ways to rein in college costs.

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Blog Post | Consumer Protection

2012 Starts with a Win! | Student PIRGs

2012 Starts with a Win!2012 has already brought a tremendous victory for students and families.

Today the President appointed Richard Cordray as the director of the new Consumer Financial Protection Bureau (CFPB). The CFPB will rein in the bad business practices of banks, lenders, and credit card companies.

The president is doing the right thing for students and consumers.

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Big Banks Bigger Fees: A National Survey of Bank Fees and Fee Disclosure Policies

A survey of more than 350 bank branches reveals that fewer than half of branches obeyed their legal duty to fully disclose fees to prospective customers, while one in four provided no fee information at all. The report also includes a shopping guide, which will compare banking options, direct consumers to free and low-cost checking choices, and provide a list of fees that consumers should look out for when picking a bank.

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