Tag Archive | "cfpa bill"

Consumer Financial Protection Agency

The Obama government of today seems to be more concerned with the welfare of the consumer. One reform after the other is being made to bring corrupt and stringent practices of business authorities under control. The Credit Card Act of 2009 was one such reform which aims to put an end to the unfair practices adopted by credit card holders. But the credit card world is not the only sphere of consumer victimization. Other areas such as mortgaging, financial aiding, and others are also replete with instances where consumers have been treated very badly by the concerned authorities. The Consumer Financial Protection Agency aims to address and rectify all these issues. One of the first improvements that you can see coming with the Consumer Financial Protection Act is that the statements of your [...]

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