Tag: Consumer Federation of America
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Lawmakers protect title loan firms while borrowers pay sky-high interest rates
By Fred Schulte Center for Public Integrity It’s legal in about half the states to pledge a car title as collateral for short-term loans of a few hundred dollars or more. Many of these states allow lenders to tack on interest that can top 300 percent, and to seize and sell off cars when borrowers…
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Off-Road industry looks to Congress to put brakes on safety regulation
By Myron Levin FairWarning Manufacturers of off-road vehicles have mounted fierce resistance to proposed federal rules aimed at reducing rollover crashes that have killed hundreds of riders. After failing to persuade the Consumer Product Safety Commission to shelve the rules, the companies have turned to Congress to run interference.
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Court asked to decide if transparency trumps corporate reputation in ‘Company Doe’ Case
By Lilly Fowler FairWarning Leading consumer and media organizations asked a federal appeals court today to unseal dozens of documents related to a closely watched product safety and business confidentiality dispute cloaked in extraordinary secrecy.
