Completed foreclosure auctions decline graduallyRead more
There are significant disparities with respect to bothRead more
race and neighborhood income in access to credit for businesses
in the Chicago six county region, a new report shows.
Confusing information provided by the nation’s biggest banks isRead more
making it difficult for consumers to understand the real costs of
overdraft and make informed decisions, a mystery shopping investigation
released by four organizations from across the country found.
The report focuses on some of the big issues— vacant andRead more
foreclosed properties, retirement savings, and consumer protection—that
have been key to Woodstock Institute's mission and recent work.
Legislation will help millions of Illinois workers save for retirementRead more
Today, the Department of Defense released a proposed rule updating the Military Lending Act, which protects military servicemembers from predatory lending practices. The proposed rule closes several key loopholes that previously allowed lenders to trap servicemembers in a high-cost cycle of debt.
When a consumer has a bad experience with a financial institution, the Consumer Financial Protection Bureau (CFPB) gives him or her a powerful tool to hold that institution accountable: the consumer complaint system. CFPB is now accepting complaints on a wide variety of financial products and services, including mortgages, student loans, bank accounts, debt collection, and more.
Completed foreclosure auctions decline gradually