Tips on How to “Squeeze A Nickel” In an Uncertain Economy
CR’s staff and readers offer tactics like reusing plastic grocery bags instead of buying bin liners to save money YONKERS, NY — With bad economic news everywhere — plunging 401(k)s, credit card rates increasing even for people who pay their...

Consumers Union Applauds House Passage of Credit Card Reform Bill
WASHINGTON, D.C. – The House today voted 357-70 in favor of a credit card reform bill aimed at stopping unfair lending practices and giving consumers better tools to manage credit. Pam Banks, senior attorney for Consumers Union, made the following...

Consumers Union Applauds President Obama for Working to Strengthen Credit Card Protections for Consumers
Obama Offers Support for Stronger Safeguards as House Prepares to Vote on Bill WASHINGTON D.C. – Consumers Union applauded President Obama today for working to strengthen legislation to protect consumers from abusive credit card lending practices. In a news conference...

Consumer Reports Survey: Low-Cost Brokers Score High In Service
Consumers find USAA Brokerage Service, Vanguard and Edward Jones among the best firms YONKERS, NY — Discount brokers did a better job shepherding clients through the stock market upheaval of the past year than traditional investment banks, according to Consumer...

Consumer groups urge House panel to approve Maloney credit card reform bill
WASHINGTON, March 31, 2009 -- The House Financial Services Committee’s subcommittee on financial institutions and consumer credit will take up the “Credit Cardholders' Bill of Rights Act of 2009” on April 1. The credit card reform legislation, introduced by Rep....

Senate Panel to Consider Landmark Credit Card Bill March 31
Consumer Groups Urge Support for Bill to Curb Unfair Credit Card Practices WASHINGTON -- As the Senate Banking Committee prepares to consider legislation that would curb predatory credit card lending practices on March 31, national consumer organizations today called on...

Poll: Nearly 3 In 10 Hispanics Opted Not To Fill M.D. Script for Cost Reasons
44 percent of Hispanics lack health insurance YONKERS, NY – Struggling to meet healthcare costs, 29 percent of Hispanic adults said they had decided against filling a script for cost reasons, according to a national poll conducted by the Consumer...

Consumers Union’s Gail Hillebrand to Testify at Senate Banking Committee Hearing on Modernizing Bank Supervision, Regulation on March 24
WASHINGTON, D.C., March 23, 2009 -- Gail Hillebrand, the manager for Consumers Union’s financial services campaign, will testify before the Senate Banking Committee at a March 24 hearing on modernizing bank supervision and regulation. Consumers Union is the nonprofit publisher...

Fed Urged to Require Banks to Get Customers’ Permission First Before Enrolling Them in Expensive Overdraft Programs
Consumer Reports Poll: Many Consumers Don’t Realize ATM & Debit Transactions Can Trigger Overdrafts; Most Want Opt-In Choice for Costly Overdraft Programs WASHINGTON, D.C. – Banks shouldn’t be allowed to automatically enroll their customers in expensive overdraft loan programs, according...

Obama’s Revamping of Bailout Plan Should Help Protect Taxpayers
More Reforms Needed to Help Americans Struggling with High Cost Mortgage and Credit Card Debt WASHINGTON, D.C. – The Obama Administration today laid out the principles of a revamped bailout plan that will place more emphasis on transparency and accountability...