Consumer alerts

The Latest on Consumer alerts
More Resources
The Latest
Type
Buying a Used Car? Look Out for Dangerous Recalls.

Consumer alerts

Buying a Used Car? Look Out for Dangerous Recalls.

If driving around in a vehicle with dangerous, defective parts is something you’d like to avoid, then next time you’re buying a used car – look out. Because the reality is that many used cars available for sale – including at the nation’s biggest used car dealer, CarMax – contain just such defective parts. In our new survey of vehicles for sale at eight CarMax locations in three states, we found that more than one in four vehicles contained unrepaired defective parts that had been recalled for presenting safety issues, including the problems listed above.

Older Consumers Have an Important Ally in the Consumer Bureau

Consumer alerts

Older Consumers Have an Important Ally in the Consumer Bureau

The findings of our new report, Older Consumers in the Financial Marketplace, suggest that mistreatment of older consumers by financial companies is widespread – but also that older consumers would be worse off, and more vulnerable to predatory companies, if not for the work of the Consumer Bureau.

A Rude Introduction to the American Way of Credit

Consumer alerts

A Rude Introduction to the American Way of Credit

  In early September, my personal information - Social Security number, birthdate, address - and that of 143 million other users, was compromised in the Equifax security breach. This has been the icing on a very frustrating cake as I have wrestled with credit for months since moving back to the U.S.

A Two-Way Flow of Information at the CFPB

Consumer alerts

A Two-Way Flow of Information at the CFPB

The Consumer Financial Protection Bureau and its Consumer Complaint Database provide a good example of how a two-way flow of information can help make government more effective – and how it can benefit from modern online tools for sharing data.

My Grandmother, Financial Fraud, and the CFPB

Consumer alerts

My Grandmother, Financial Fraud, and the CFPB

In the 1990s, my grandmother lost $60,000 to a financial scammer who took advantage of her age and vulnerability. A lucky, and perhaps illegal, phone call from her bank flagged the problem to the family. Today, thanks to the Consumer Financial Protection Bureau, I think it’s likely the problem would have been noticed and stopped sooner.

Show More