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Colleges Offer Substandard Financial Services to Students, Report Finds

Colleges Offer Substandard Financial Services to Students, Report Finds

Many colleges offer financial services to their students that carry “junk fees” and terms that are no better, or even worse, than terms available on the open market, according a report released today by the Consumer Financial Protection Bureau (CFPB). “Many college students trust that schools have their best interests

Four Tips for Hiring the Right Personal Trainer

Four Tips for Hiring the Right Personal Trainer

By Leslie D. Shuffleton Guest Column The battle of the bulge may be too tough to handle alone. Time to call in the personal trainer. But how? “The chains of habit are too weak to be felt until they are too strong to be broken.” This little philosophical nugget by

Tips for Policyholders with Hurricane Ian Claims

Tips for Policyholders with Hurricane Ian Claims

Insurance companies are being inundated with property damage claims following Hurricane Ian, but that doesn’t mean they can drag their feet when processing claims, according to the Consumer Federation of America (CFA) and United Policyholders (UP). The groups say that consumers are entitled to get their wind and flood

MoneyLion Charged Military Members Excessive Interest, Feds Charge

MoneyLion Charged Military Members Excessive Interest, Feds Charge

The Consumer Financial Protection Bureau (CFPB) is suing MoneyLion Technologies, an online lender, and 38 of its subsidiaries, alleging that it imposed illegal and excessive charges on armed service members and their dependents. “MoneyLion targeted military families by illegally extracting fees and making it difficult to cancel monthly subscriptions,” said

Regions Bank Penalized for Surprise Overdraft Fees

Regions Bank Penalized for Surprise Overdraft Fees

Regions Bank is being ordered to return at least $141 million to customers harmed by its surprise overdraft fees. It will have to pay another $50 million into the Consumer Financial Protection Bureau’s victims relief fund. The CFPB said that from August 2018 through July 2021, Regions charged customers

For-Profit Stratford University Closing

For-Profit Stratford University Closing

Another for-profit university is closing because of accreditation issues. Stratford University is closing its campuses in Virginia, Maryland and India at the end of the term, according to an email sent to students last Friday. Forty-three other schools around the country are also losing their accreditation. The school said the

Pedestrian, Bicycle Deaths Hit New Highs

Pedestrian, Bicycle Deaths Hit New Highs

Traffic fatalities inched higher last year but pedestrian and bicycle deaths rose by historic amounts. In 2021, pedestrians killed jumped 13% to 7,342, the most since 1981. The number of people on bicycles who were killed rose 5% to 985, the most since at least 1980, according to the