Tag: Consumer

10 Stunning Facts About The United States National Debt

10 Stunning Facts About The United States National Debt If you divide up the national debt equally among all U.S. taxpayers, each taxpayer would owe approximately $134,685. If you add up all forms of debt in the United States (government, business and consumer), it comes to more than 56 trillion dollars. That is more than […]

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Discover Bank Fined For Illegal Student Loans

CONSUMER ALERT: DISCOVER BANK AND TWO AFFILIATES WILL PAY 18 AND A HALF MILLION DOLLARS IN CONSUMER REFUNDS AND FINES FOR ENGAGING IN ILLEGAL STUDENT LOAN SERVICING TACTICS. THE CONSUMER FINANCIAL PROTECTION BUREAU SAYS DISCOVER BANK OVERSTATED THE MINIMUM AMOUNTS DUE ON BILLING STATEMENTS AND FAILED TO PROVIDE INFORMATION BORROWERS NEEDED TO OBTAIN FEDERAL INCOME […]

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Elizabeth Warren’s speech to the Credit Union National Association

A valuable role is played by credit unions in our economy every day. A few years ago, I was reminded first hand about the real impact of a credit union. My much-loved newly married niece had gotten into financial trouble. She called in tears, she was frightened, and frankly, embarrassed by having fallen into a […]

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