Recently, I was asked by WalletHub to comment on cash back credit cards. The post should be forthcoming on the WalletHub site. Nonetheless, I am also sharing my insights here: • Should everyone have at least one cash back credit card? Not necessarily. For starters, consumers should always “shop around” and compare credit cards, and […]
This summer I reported the news that after much study, the CFPB had issued its arbitration rule barring the use of arbitration clauses to preclude class actions with respect to financial services and contracts disputes. The rule would have prohibited banks and other consumer financial companies from including mandatory arbitration clauses that block group lawsuits […]
My recent comments can be seen here: https://wallethub.com/edu/states-where-identity-theft-and-fraud-are-worst/17549/#amy-j-schmitz. The post also notes the rankings for states with the greatest risk of ID theft.
Many students take out tens of thousands of dollars worth of student loans to pay for undergraduate college expenses. According to studentloanhero.com, the average graduate in 2016 has $37,172 in student loan debt. How many of these students understand how student loans work or what methods of collection are legal? The National Collegiate Student Loan […]
Center for Dispute Resolution at University of Missouri Campus Free Speech Issues and Dispute Resolution Although the free exchange of ideas is fundamental to every university’s mission, events on many of our nation’s campuses in recent years vividly demonstrate that preserving and promoting this principle in a university community presents enormous challenges. Members of the […]
The Consumer Financial Protection Bureau (CFPB) today announced that its recent work resulted in $14 million in relief to more than 104,000 harmed consumers from January through June 2017. The Press release read in part: “Today’s report, the 16th edition of Supervisory Highlights, covers CFPB supervision activities from January through June 2017, and shares observations […]
Anyone who has either been in college recently or has had a child in college knows that textbooks are expensive. Some textbooks cost well over $200. Many students continue to purchase textbooks from their campus bookstore and then resell those books back to the university. The main reason is simply the convenience of purchasing the […]