You Searched For "consumer protection act" and got 12 results
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2 mins read
No More False Promises: Government sets rules to prevent misleading and exaggerated coaching centre ads
The Centre's crackdown addresses exaggerated claims like “100% selection” or “guaranteed job securi…
6 mins read
How century-old arbitration laws are failing consumers in the digital age
Companies like Disney and Uber include arbitration clauses in their Terms of Use, meaning consumers…
Lauren Edmonds
3 mins read
Consumers reported losing $210 million to scams across payment apps last year. A new bill wants to help future victims get their money back.
Consumers defrauded while using Zelle or other peer-to-peer payment apps might have increased reimb…
John Towfighi
2 mins read
Student-loan companies put up 'excessive barriers' and gave borrowers inaccurate information about debt relief, a federal consumer watchdog says
A new report from the CFPB found that student-loan companies engaged in "unfair and abusive acts" w…
Ayelet Sheffey
6 mins read
The Sherman Antitrust Act is the first in a line of federal laws protecting consumers from unfair prices
The Sherman Antitrust Act is the first of three major antitrust laws designed to stop anticompetiti…
Coryanne Hicks
1 min read
The New Consumer Protection Act 2019: Provision for heavy fines and even jail terms for misleadings ads
The New Consumer Protection Act 2019 could put manufacturers coming up with misleading ads behind b…
5 mins read
The Federal Trade Commission Act sets the guidelines underpinning the FTC's consumer-protection enforcement
The FTC established the Federal Trade Commission, which protects consumers against unfair and decep…
Jake Safane
4 mins read
Here's what the Credit Card Competition Act could do to your airline miles and travel rewards
Airlines and travelers worry The Credit Card Competition Act could end frequent-flyer and rewards p…
Allie Kelly
2 mins read
Bank of America has been fined $225 million for 'botching' unemployment benefit payments during the pandemic
A federal agency said the bank had engaged in "unfair and abusive acts and practices" that cut some…
Grace Dean
2 mins read
The Starbucks app 'traps' customers into a 'vicious' spending cycle, consumer advocate says
Certain features of Starbucks' prepaid card mean that customers are trapped in a "vicious cycle" of…
Grace Dean
4 mins read
The Clayton Antitrust Act: One of many laws that protects consumers from unfair business practices
The Clayton Antitrust Act aims to prevent businesses from engaging in anticompetitive behavior. It …
Aly J. Yale
3 mins read
Trump-appointed FDIC chair will resign after battle with Democratic bank regulators
The departure of Jelena McWilliams comes as CFPB head Rohit Chopra said that she sought to block at…