Consumer Action Network

Don't Get Ripped Off

Our economy needs to be fair to consumers in order to function. While a company may make a short-term profit from ripping off consumers or putting an unsafe product on the market, it's not good for anyone in the long term. 

After Wall Street practices brought down the entire U.S. and parts of the world economies, Congress finally stepped up in July 2010 and created the Student PIRG-backed Consumer Financial Protection Bureau (CFPB), a new agency that will act as a counterbalance to the banks and ensure that the credit cards, mortgages, and student loans that consumers use are safe and easy to understand. When you have a complaint about a bank or credit card company, you can call on the new CFPB.

Our consumer program works to protect consumers by:

  • Alerting the publice to hidden dangers, scams, and unsafe products
  • Educating consumers about the choices available by conducting price surveys of various products and services available to students in an effort to allow them to the make the best choices for themselves.
  • Educating consumers about their rights in the marketplace by producing consumer guides to help people navigate the marketplace.
  • Advocating for change by working to build the support it takes to pass consumer protection legislation in our states and in D.C.

As students, we're particularly vulnerable to some specific consumer issues:

Latest Updates

Blog Post | Consumer Protection

CFPB Report Shows Credit Card Act Works | Ed Mierzwinski

Last week, the CFPB released a report showing that the landmark PIRG-backed Credit CARD Act of 2009 is saving consumers billions of dollars by helping them avoid penalty fees and unfair interest rate increases.

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STUDENTS CALL FOR SENATE TO REJECT STUDENT LOAN DEAL

Today, college students spoke out to urge Senators to reject the pending student loan deal, which may come up for a vote in the Senate as early as this afternoon.

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Student Debt Calculators

Summary

Calculate your debt! There are plenty of calculators available beyond these.

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Report: Small businesses burdened by big corporations' tax dodges

Off-shore tax havens cost New Jersey $2.8 billion in lost tax revenue last year, enough to pay the salaries of every New Jersey firefighter, police officer, EMT and 911 dispatcher, according to a report issued this week by a public interest group.

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States lose $40b in revenue to offshore tax havens, MASSPIRG study says

While the debate over offshore tax loopholes generally takes a national focus, a consumer advocacy group is reporting that states lose nearly $40 billion a year in tax revenues to companies and wealthy people who shelter money abroad.

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