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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Supporters of Duckworth Amendment to Protect Our Troops From High-Cost Loans

Last night, on a 32-30 bipartisan vote, the House Armed Services Committee supported the Tammy Duckworth (IL) amendment to strike language from the National Defense Authorization Act that would have delayed Pentagon-proposed improvements to the Military Lending Act of 2007. It's a critical victory for servicemembers, veterans and their families, although the fight to protect our troops from high-cost loans will continue.

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Blog Post | Consumer Protection

U.S. House Considers Delay To Financial Protections for Servicemembers, Veterans | Ed Mierzwinski

(UPDATED 30 April): Last year the Department of Defense proposed needed improvements to the 2007 Military Lending Act, since high-cost lenders were exploiting loopholes to evade the law's 36% APR cap on loans to servicemembers to make loans at 400% APR or more, harming military families and threatening unit preparedness to defend the nation. Now, days before a committee vote, predatory lenders have succeeded in convincing House Armed Services Committee leaders to insert language into the National Defense Authorization Act that would delay the DoD regulations up to a year while needless, redundant studies are prepared. Only in Washington.

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News Release | U.S. PIRG | Consumer Protection

PIRG Commends Release of Labor Dept.'s Proposed Rule To End Conflicted Retirement Advice

PIRG today commended the public release of the Department of Labor’s proposed rule that would strengthen the ability for Americans to save for retirement by addressing conflicts of interest that arise when brokers and financial advisers give retirement advice. Wall Street will fight the rule hard, because it requires them to put consumers first.

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Blog Post | Consumer Protection

CFPB Begins Payday Regulation Push In Richmond | Ed Mierzwinski

We joined the CFPB in Richmond Thursday for a field hearing on a proposed rule to regulate payday lending and similar high-cost short-term loans. The CFPB's draft rule is comprehensive, covering a variety of loans, but it contains potential loopholes that we and other advocates will urge the bureau to close before it finalizes this important effort. Here's a short blog with some photos from Richmond.

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News Release | NCPIRG Education Fund | Budget

NEW REPORT: North Carolina Receives "B+" in Annual Report on Transparency of Government Spending

North Carolina received a “B+” when it comes to government spending transparency, according to “Following the Money 2015: How the 50 States Rate in Providing Online Access to Government Spending Data,” the sixth annual report of its kind by the North Carolina Public Interest Research Group Education Fund.

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Special Report: How Much Do Local Stores Know About the Digital TV Conversion?

Consumer advocates like Shana Becker with North Carolina Public Interest Research Groups say viewers wanting to keep their old TV’s tuned to their favorite channels should not have to spend lots of money to do it.

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Heating bills could go up: PSNC seeks rate increase as households conserve

PSNC Energy is seeking a 3 percent rate increase that would raise the natural gas bill for the average residential customer by $3 a month, or $36 a year.

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Media Hit | Transportation

Federal, State, and Local Leaders Cite New Report

Public Transit received a boost as Congressman David Price, Congressman Brad Miller and other supporters held an event at the historic Seaboard Train Station calling for more public transit options in the Triangle, citing a major new report on oil savings and other benefits from public transportation across the country. The NC Public Interest Research Group (NCPIRG) report, A Better Way to Go: Meeting America’s 21st Century Transportation Challenges with Modern Public Transit, examines the challenges faced by America’s transportation system and the benefits of existing rail and bus projects in Triangle and other areas of the state.

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News Release | NCPIRG | Transportation

Federal, State, and Local Leaders Cite New Report as Boosting Public Transit in the Triangle

Public Transit received a boost today as Congressman David Price, Congressman Brad Miller and other supporters held an event at the historic Seaboard Train Station calling for more public transit options in the Triangle, citing a major new report on oil savings and other benefits from public transportation across the country. The NC Public Interest Research Group (NCPIRG) released "A Better Way to Go: Meeting America’s 21st Century Transportation Challenges with Modern Public Transit," which examines the challenges faced by America’s transportation system and the benefits of existing rail and bus projects in Triangle and other areas of the state. 

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Group: Some Retailers Misleading About DTV

Beware of what you hear about the upcoming Digital Television Transition. That warning was issued after a national consumer group found that some retailers have been misleading consumers. 

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