For many consumers, mobile banking apps promise convenience, speed, and control. But when fraud hits your account, what matters most isn’t the app—it’s whether your money is protected under federal law. If you’ve experienced unauthorized transactions on a Chime Financial, Inc. account and were denied reimbursement, you are not alone—and the law may be on
Each year, millions of Americans sign up for health coverage during Open Enrollment, and scammers take full advantage of this opportunity. Fake emails, phone calls, and text messages are flooding inboxes, all designed to steal your personal and financial information. If you fall victim, the consequences can go far beyond losing money. Stolen data is
In recent years, a new kind of financial product has been spreading quickly across the country—promoted as a “home equity investment” or “shared equity agreement.” These companies promise quick cash with no monthly payments. They say they’re “partners” in your home’s future value. But according to multiple courts across the United States, these so-called investments
Data breaches have become increasingly common, exposing millions of consumers to the risk of identity theft. If your personal information has been compromised in a data breach, it’s important to stay vigilant and take proactive steps to protect yourself. Identity theft can lead to financial losses, credit damage, and even legal issues if someone uses
In a significant move to enhance consumer privacy and security, the Consumer Financial Protection Bureau (CFPB) has rolled out a proposed rule that could change the landscape of data brokerage in the United States. This rule aims to clamp down on the sale of sensitive personal and financial information by data brokers to individuals or
While trying to get a loan, you discover a credit inquiry you don’t recognize—a mysterious mark on your credit history that raises more questions than answers. What should you do? Here’s what you should know about unauthorized credit inquiries. What is an Unauthorized Credit Inquiry An unauthorized credit inquiry is a credit check conducted without
No matter how cautious you are, identity theft is a real possibility. The Federal Trade Commission (FTC) received over 4.7 million fraud reports in 2020, and identity theft was the top category, making up almost 30 percent of reported cases. Identity theft occurs when someone uses your personal information to file taxes, apply for a
Nearly 18 million Americans have been affected by a rise of consumer fraud on the money transfer platform Zelle, as well as the ongoing failure by the big banks that own the service to address the scams and provide appropriate redress to defrauded consumers. On April 26, 2022, U.S. Senators Bob Menendez, a senior member of the
The Federal Consumer Financial Protection Bureau Director Rohi Chopra has filed a lawsuit against credit reporting agency TransUnion, two of its subsidiaries, and former executive John Danaher, accusing them of continuing to trick consumers into making ongoing payments after the company was previously fined for similar activity in 2017. The 2017 settlement required TransUnion to
Every year, millions of Americans are conned out of their hard-earned money by deceptive, unscrupulous individuals who make false claims to consumers and cheat them out of a significant amount of money. Too often, innocent, hard-working individuals are exploited during an interaction with an individual or a business representative who convinces them that they are