Wednesday, September 26, 2018

Toyota Recalls Prius, C-HR for Risk of Engine Fire



Toyota Motor Corp. recently announced it is recalling over 1 million of its flagship Prius and C-HR vehicles because of a risk of engine fire. Find out if your vehicle was affected, and what to do if it was.

Wednesday, September 19, 2018

Safety Advocates Say Driverless Car Regulations Bill Falls Short


Safety Advocates Say Driverless Car Regulations Bill Falls Short

Consumers don’t have much confidence in the safety of autonomous vehicles. But the federal bill that would create the country’s first driverless car regulations puts auto manufacturers’ needs over consumer safety. 

Wednesday, September 5, 2018

Interest-Only Subprime Auto Loans are Too Good to Be True


Interest-Only Subprime Auto Loans are Too Good to Be True

Low-income families can sometimes find themselves desperate to get financing for a new-to-them used vehicle. They may be swayed by low monthly payments or interest-only subprime auto loans. But these lending options come with big strings attached, and sometimes the lenders don’t lay everything on the table.

CFPB Ombudsman Quits Over Student Loan Regulation


CFPB Ombudsman Quits Over Student Loan Regulation

The Consumer Financial Protection Bureau’s (CFPB’s) Student Loan Ombudsman, Seth Frotman has had enough of the political maneuvers affecting the way he does his job overseeing student loan regulation. On August 27, 2018, Frotman resigned from the CFPB. His resignation letter shows how the organization has changed under the Trump administration.