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Tag Archives: Consumer Financial Protection
Why Do Banks Share Your Financial Information and Are They Allowed To?
In a word: yes. If you’ve ever applied for a loan, you know that banks and credit unions collect a lot of personal financial information from you, such as your income and credit history. And it’s not uncommon for lenders … Continue reading
Posted in About GAO, Business Regulation and Consumer Protection, Collections
Tagged Alicia Puente Cackley, Consumer Financial Protection, Consumer Financial Protection Bureau, Consumer privacy, Financial Markets and Community Investment, FMCI, Information technology and cybersecurity, Nick Marinos
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GAO Reports That Help Protect Vulnerable Elders
News stories about older adults whose trusted family members or other caretakers deny them food and water, leave them to live under deplorable conditions, or physically and psychologically abuse them are all too common. Neglect and abuse can often go … Continue reading
Posted in Business Regulation and Consumer Protection, Housing, Retirement Security
Tagged Adult Protective Services, agencies, APS, CFPB, Consumer Financial Protection, Consumer Financial Protection Bureau, consumer protection, Department of Health and Human Services, Department of Justice, elder abuse, elder financial exploitation, elderly, EWIS, federal government, guardianship, HHS, incapacitated adults, Justice, Justice Department
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Questionable Business Practices and Pension Advances
Pensions, in addition to Social Security, are what allow millions of middle-class retirees to maintain a reasonable standard of living. Any loss of pension benefits (partial or otherwise) can significantly affect a retiree’s ability to pay monthly living expenses, medical … Continue reading