News Releases

News Release | MASSPIRG | Consumer Protection

Record $100 Million CFPB Penalty Order Against Wells Fargo Bank For Illegal Sales Practices

On September 8 the Consumer Financial Protection Bureau (CFPB) announced a record $100 million civil penalty plus consumer restitution against Wells Fargo, among the nation’s largest banks, for a series of unfair and abusive sales practices by “thousands” of employees that included opening “secret” accounts for “hundreds of thousands” of existing customers, solely to meet sales goals to receive financial incentives. 

News Release | MASSPIRG EDUCATION FUND | Higher Ed

ITT TECH CAN NO LONGER DECEIVE STUDENT BORROWERS

College’s harmful student practices cause it to shut down.

News Release | MASSPIRG EDUCATION FUND | Consumer Protection

Report: Analysis of Payday Complaints Reveals Need for Stronger Federal Protections

Consumer complaints about payday loans to the Consumer Financial Protection Bureau (CFPB) show a critical need for strengthening the agency’s proposed rule to rein in payday loans and other high-cost lending.

News Release | MASSPIRG | Transportation

New National Safety Council Data Show 20% Percent Increase in Motor-Vehicle Fatalities in Massachusetts Compared to 2015

 

New data released from the National Safety Council (NSC), a nonprofit, non- governmental public service organization chartered by Congress to promote health and safety in the United States, found a troubling increase in the number of motor-vehicle fatalities during the first half of 2016.

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