Ed's Blog

UPDATE: Reporters are asking me: "Are all the kids doing it, or was it just Cap One?" Just a few weeks ago, David Lazarus of the LA Times reported that "Some Citibank credit card customers have received a sales pitch for a security service with their latest credit card bill. The box for signing up for the $5.95-a-month service is already checked." So, I will not be surprised if we see more actions regarding "mysterious" credit charges by the CFPB.

ORIGINAL POST: The CFPB, which turns one on Saturday, is coming of age. It has announced its first-ever enforcement action, against Capital One Bank, for alleged deceptive marketing of junky payment protection and credit monitoring products to cardholders. Typically these products can cost up to $14.95/month or even more in add-on monthly fees on your credit card bill. Victims will receive direct compensation without needing to apply or complain.

Capital One will pay over $200 million in direct restitution and civil penalties. The order also alleges that the bank targeted the useless products at lower-income customers. The bank denies it all, as they always do.

Payment protection products generally only "promise" to pay your minimum balance, and then only for a year, if you are laid off, disabled, sick or otherwise unable to pay your card. Consumer advocates receive numerous complaints that banks find loopholes or exceptions allowing them to refuse to make even these modest minimum payments in most cases. Payment protection costs a lot but is of little value.

Credit monitoring services are hyped as a defense against identity theft. The only real defense against identity theft is a security freeze (provided as a state law protection). Don't fall for credit monitoring pitches. See CFPB's new fact sheet on mystery credit card fees.

The CFPB order notes that the practices Capital One is being penalized for began as early as August 2010. At that pre-CFPB time, Capital One, as a national bank, was primarily supervised by the powerful but bank-friendly Office of the Comptroller of the Currency or OCC. In 2000, the OCC was shamed into taking action against Providian, at the time a large credit card company, only after the tiny San Francisco District Attorney found it was engaging in eerily similar practices to those that Capital One was participating in in the year 2010. We don't ask "what's in your wallet," but we often say, "Who's in your pocket? The OCC, of course." Positively, the OCC, which is under new management, did join CFPB in this action.

Comments

The method that will work the best will depend on if the book you
want is protected by DRM. The sites mentioned here provide basic templates
that can be used for both personal and commercial publications, but
aren't always readily compatible with online publishers. A thought in this substance, produces the thing that is imaged by the thought.

Also visit my website; <a href="http://www.relationshipsca.org/blog/2011/10/healthy-relationships-califo... pdf ebook download</a>

Relieves many different types of pain - Nopalea with its anti oxidant Betalain helps relieve pains including somatic and visceral pains. http://nopaleasupplement.wordpress.com/2013/05/03/cactus-claims-pose-pri...

Hello! This is my 1st comment here so I just wanted
to give a quick shout out and say I really enjoy reading through
your posts. Can you recommend any other blogs/websites/forums that cover the same subjects?
Thanks a ton!

Here is my blog <a href="http://www.buyhcg123.net">hcg injections</a>

Absolutely composed written content , thankyou for entropy.
http://meethornywifes.com wife personal photos

South Africa is brimmed with the excitement and joy of World Cup and if you want to be a core fan of any team then it is time to know about the best teams. I would prefer Spain due to many reasons which will convince you also.
http://rosie.besaba.com/alfamart-official-partner-merchandise-piala-duni...
http://maskodoq.blogspot.com/2013/07/CiptoJunaedy.html
http://maskodoq.blogspot.com/2014/03/unit-link-terbaik-di-indonesia.html
http://etnisjawa.blogspot.com/2013/08/apakah-cipto-junaedy-bohong.html
http://rosie.besaba.com/situs-online-terbaik-terpercaya/

I have recently started a blog, the info you provide on this site has helped me greatly. There is obviously a lot to know about this. I think he did some good things in features also. Keep working, great job! Thanks for a very interesting blog. What else can I get that kind of information written in such a perfect approach? I have a company that I'm simply now operating on, and I've been on the look out for such information.
http://www.seoedan.com/2014/04/abcbolacom-agen-judi-bola-terpercaya.html
http://www.seoedan.com/2014/03/itucasino.html
http://www.seoedan.com/2014/03/itubola.html
I have recently started a blog, the info you provide on this site has helped me greatly. There is obviously a lot to know about this. I think he did some good things in features also. Keep working, great job!
http://www.seoedan.com/2014/03/afatogelcom-bandar-terbesar-situs-togel.html
http://www.seoedan.com/2014/04/eyangtogelcom-togel-singapura-togel.html
http://lashoraslentas.blogspot.com/2014/03/itudominocom-judi-domino-agen...

I must admit that this is one great insight. It surely gives a company the opportunity to get in on the ground floor and really take part in creating something special and tailored to their needs. Perbandingan fitur smartphoneTweak Software

I think other web proprietors should take this web site as an model, clean and excellent user genial style and design, as well as the content. You are an expert in this topic! As I web site possessor I believe the content material here is rattling excellent, appreciate it for your hard work. You should keep it up forever ! Maybe next time I will visit again to your web. Good Bye.

You can read excite info http://arentin.blogspot.com/2014/02/unit-link-terbaik-di-indonesia-commo... , & don't forget browse useful article http://arentin.blogspot.com/2014/02/hotelmurahdijakarta.html & cool article http://www.postingku.com & article http://arisnbw.blogspot.com/2013/10/ciptojunaedy.html Junaedy & cool post http://arisnb.nulis.web.id/cipto-junaedy.html that interesting & useful post http://kerajinantembaga.aagallery.co.id dan http://arentin.blogspot.com/2013/05/cipto-junaedy.html and http://www.aagallery.co.id also http://www.aa-gallery.co.id and http://www.aagallery.net . Please, Love it!

I think other web proprietors should take this web site as an model, clean and excellent user genial style and design, as well as the content. You are an expert in this topic! As I web site possessor I believe the content material here is rattling excellent, appreciate it for your hard work. You should keep it up forever ! Maybe next time I will visit again to your web. Good Bye.

You can read excite info
Contoh Surat Lamaran Kerja
Contoh Surat Lamaran Kerja
Contoh Surat Lamaran Kerja
Contoh Surat Lamaran Kerja
Contoh Surat Lamaran Kerja
Contoh Surat Lamaran Kerja

Obat Perangsang Wanita merupakan ramuan yang dibuat oleh perusahaan mode terdepan di Prancis, yakni Yves Saint Laurent. Obat Perangsang Wanita ini diolah sebagai formula} frigit khusus wanita juga bisa meninggikan naluri seks secara sekejap serta mampu memupuk nafsu birahi kaum hawa secara seketika jasa seo terbaik.

Obat Perangsang diramu dengan formula pilihan yang berguna untuk perangsang meningkatkan gairah yang kuat dan sebagai formula yang mantab sebagai menyembuhkan frigiditas yang menjangkit kaum hawa jaman sekarang cara memperbesar payudara ini. Setelah menjalani proses panjang uji klinis juga penelitian lab selama tahunan, pada akhirnya diperoleh formula herbal tertentu yang bergunasebagai meninggikan naluri seks sekejap, tetapi tanpa ada side effect sama sekali peninggi badan. Obat Perangsang Wanita Opium Spray bila dikonsumsi akan menjadikan nafsu istri menggairah laksana kobaran api.

Perangsang wanita tersebut cuma teruntuk dipakai pada pasangan yang menderita kurang gairah seks dalam menjalani hubungan ranjang. Dilarang keras memberikan perangsang wanita ini pada wanita lain selain istri sah sendiri juga dilarang memberikan pada Orang yang kurang bertanggung jawab. Hal ini untuk mencegah jangan sampai disalahgunakan untuk hal hal yang tidak diinginkan. Banyak kasus di Amerika dan Eropa, Gadis kehilangan keperawanannya dan Wanita kehilangan Mahkotanya yang berharga, akibat dari penyalahgunaan perangsang Opium spray ini.

Terimakasih telah membaca ulasan pendek ini dan semoga saja berguna. Selanjutnya ada beberapa link menarik about agen bola dan agen tangkas net yang bisa kamu simak bersamaan dengan menikmati susu kambing etawa yang memiliki banyak khasiat guna kesehatan anda.

Great share grow taller thanks

good to learn reiki now

I just read through the entire article of yours and it was quite good. This is a great article thanks for sharing this informative information. pdf to flash converter | pdf converter

Typically these products can cost up to $14.95/month or even more in add-on monthly fees on your credit card bill. Victims will receive direct compensation without needing to apply or complain. http://sites.miis.edu/ciptojunaedy1/

not you but agen casino sbobet terpercaya http://bandar365.com agen judi taruhan bola

According to Moz, it is easier to grow your Domain Authority score from 20 to 30 than it would be to grow from 70 to 80. A blog with a domain authority of above 30, starts showing some authority in search engines. http://yoobooy.com/kontes-seo/domino-online-terpercaya-indonesia.html
http://yoobooy.com/kontes-seo/senang.html
unit link terbaik di Indonesia Commonwealth Life investra link http://sooboos.com/asuransi/unit-link-terbaik-di-indonesia-commonwealth-...
Cipto Junaedy http://sooboos.com/property/cipto-junaedy-pemberi-rumah-gratis.php
http://sooboos.com/property/cipto-junaedy.php
http://travelpulautidung.net
http://travelpulautidung.net/memancing-di-pulau-tidung-kepulauan-seribu/
http://agen365.net

I sense looking at white and black portrait digital photography with it's motion picture equivalent is similar to evaluating apples with grapefruits. They just are not the same thing in feel and look. http://besocial-blog.weebly.com I mentioned this in detail partly 1 of this collection. When conversing with photographer Hellen Truck Meene she illustrate video as experiencing "magic". Now I'm unsure precisely what the techical expression for magic is but wonderfully I am aware exactly what Hellen indicates.

Thanks for sharing this quality information with us. I really enjoyed reading. Will surely going to share this URL with my friends.
sbobet mobile

This is truly a great read for me. I have bookmarked it and I am looking forward to reading new articles. Keep up the good work!.

seo service phoenix

There are numerous motives that you'd would like to purchase Instagram followers. We offer true followers so these are genuine men and women looking at your posts, not bots or pretend followers http://getigpromotion.com/buy-active-instagram-followers/. This tends to set your photos and video clips in front of many viewers who will likes and comment. This generally generates a snowball outcome making it possible for many of our shoppers to go viral.

Superbly written article, if only all bloggers offered the same content as you, the internet would be a far better place..

Cat Beds

I agree with your suggestions. Thanks for sharing all, this is helpful for many people. I am truly pleased to read this post which carries lots of helpful data, thanks for providing these kinds of information. ecommerce http://evowpthemes.com/2014/10-of-the-best-wordpress-ecommerce-themes/

Belajar Komputer Gratis 3 Tahun di Yapenbit

Penerimaan Anggota Baru Tahun 2014

Penerimaan Anggota Baru Yapenbit 2014

http://nazirahahmadtorky.blogspot.com/2014/07/belajar-komputer-gratis-3-...

This Blog Share About Cycle World, World Cycling Productions, World Cycling, Cycling Contest, Cycling Competition
http://nazirahahmadtorky.blogspot.com

Billie Wise
Nice post, its a really cool blog that you have here, keep up the good work, will be back.

It feels awesome to read such informative and unique articles on your websites.
sbobet casino

www REBELMOUSE
This is a very good tips especially to those new to blogosphere, brief and accurate information… Thanks for sharing this one. A must read article.

thanks Just wanted to give a quick shout out and say that I genuinely enjoy reading your articles. You have given more than visitors expectancy. This post is very helpful, edifying and in addition cool thoughts on the topic. Kuliner Balikpapan | Cap Kaki Tiga, Setia, Manfaat juga Alfamart official partner merchandise FIFA piala dunia Brazil 2014 | Hotel Murah di Jakarta dan Alfamart official partner merchandise FIFA piala dunia Brazil 2014 , Hotel Murah di Jakarta

I have recently started a blog, the info you provide on this site has helped me greatly. There is obviously a lot to know about this. I think he did some good things in features also. Keep working, great job! Thanks for a very interesting blog. What else can I get that kind of information written in such a perfect approach? I have a company that I"m simply now operating on, and I"ve been on the look out for such information.
http://goo.gl/Ltaf1w
http://goo.gl/CBy6ok
http://goo.gl/v4h3vu
http://goo.gl/W18zvU
http://goo.gl/YkQUe4
http://goo.gl/3AR4Yn
http://goo.gl/CfMSCN
http://goo.gl/gQfGyg
http://goo.gl/AKZ5uC
http://goo.gl/6Du9vL
http://goo.gl/5Rw9kG
http://goo.gl/NvDCfi
http://goo.gl/rWpFgu
http://goo.gl/LTwuVQ
http://goo.gl/BkTrFg
http://goo.gl/KwfmBX
http://goo.gl/2PW0yM
http://goo.gl/oMC4TX

We are a group of volunteers and starting a new scheme in our community. Your web site provided us with useful information to work on You have done a formidable job and our entire community will be grateful to you.

Check the interest information http://arentin.blogspot.com/2014/02/unit-link-terbaik-di-indonesia-commo... , & don't forget go to useful post http://arentin.blogspot.com/2014/02/hotelmurahdijakarta.html & nice post http://www.postingku.com Junaedy & post http://arisnbw.blogspot.com/2013/10/ciptojunaedy.html & nice post http://arisnb.nulis.web.id/cipto-junaedy.html Cipto that's good & useful post http://kerajinantembaga.aagallery.co.id dan http://arentin.blogspot.com/2013/05/cipto-junaedy.html and http://www.aagallery.co.id also http://www.aa-gallery.co.id and http://www.aagallery.net . Good read it !

This can be amazing. Both of us watch this idea peace of mind when we are shocked. We’re fascinated by one of these pieces. Solitary appreciate your particular suggestion, and significance the effort inside this. Please keep enhancing. http://acmbet.net/ , http://www.arenaliga.net

I was very pleased to find this site.I wanted to thank you for this great read!! I definitely enjoying every little bit of it and I have you bookmarked to check out new stuff you post
6ft Trestle Table http://www.tablehire-london.com/6ft-trestle-table/

Pages

Priority Action

The overuse of antibiotics on factory farms is threatening the effectiveness of lifesaving antibiotics. Call on the Food and Drug Administration to put an end to the worst practices.

Support Us

Your donation supports U.S. PIRG’s work to stand up for consumers on the issues that matter, especially when powerful interests are blocking progress.

Consumer Alerts

Join our network and stay up to date on our campaigns, get important consumer updates and take action on critical issues.