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The Consumer Protection Division of the Maryland attorney general's (AG) office is warning consumers about home warranty scam letters addressed to homeowners. The division emphasized that these...
The Consumer Financial Protection Bureau (CFPB) is an independent agency of the United States government responsible for consumer protection in the financial sector.CFPB's jurisdiction includes banks, credit unions, securities firms, payday lenders, mortgage-servicing operations, foreclosure relief services, debt collectors, for-profit colleges, and other financial companies operating in the ...
The CFPB was created after the financial crisis of 2007–2008 as part of the Dodd–Frank Wall Street Reform and Consumer Protection Act.While initially aimed to protect consumers from bad mortgage lenders that had partially created the financial crisis, the CFPB has also involved itself in other areas at high risk of fraudulent activity that harm consumers, such as credit cards, credit ...
The Fair Credit Billing Act (FCBA) is a United States federal law passed during the 93rd United States Congress and enacted on October 28, 1974 as an amendment to the Truth in Lending Act (codified at 15 U.S.C. § 1601 et seq.) and as the third title of the same bill signed into law by President Gerald Ford that also enacted the Equal Credit Opportunity Act.
Meanwhile, consumer complaints about solar-panel salespeople have skyrocketed in recent years. The FTC received 5,331 complaints containing the phrase “solar panels” between Jan. 1 and Sept ...
A Maryland payment processing company agreed to pay a $20,000 fine to the state attorney general's office to settle allegations it did not properly dispose of customer records and instead tossed ...
Early in his career, Trumka worked as an assistant attorney general in the consumer protection division of the Office of the Maryland Attorney General. [1] In 2019, he became general counsel and staff director of the Economic and Consumer Policy Subcommittee of the House Committee on Oversight and Reform , where he led investigations into ...
The Attorney General of Maryland supported the law. The Consumer Council, a subdivision of the Maryland Attorney General's office, called the law "warranted," argued that smaller communities are "unlikely to be overburdened by this law," and stated that the law could protect against "very high assessments" being implemented on unit owners or a ...