Our job is protecting the
most vulnerable consumers, and then we can build up from there to make sure that everyone understands them concepts.
Are regulators and bar associations saying the public is too dumb to choose the right legal service providers or is it a matter of
protecting vulnerable consumers?
Some firms rife with misconduct are likely
targeting vulnerable consumers, say the researchers, while other firms use their reputation to attract sophisticated consumers.
Banks continue to make billions each year
from vulnerable consumers in overdraft charges, with some still charging up to # 35.
Consumer groups also claim that
vulnerable consumers such as the elderly and disabled are particularly ill - served by the current law.
In practice, however, the fees incurred are often disproportionate to the original transaction amount and can place a burden on
financially vulnerable consumers.
«In particular, the decision has important implications for conduct which occurs in breach of consumer protection legislation, particularly where this conduct
involves vulnerable consumers.»
«The type of credit that this bill helps consumers access is the kind that makes it easier
for vulnerable consumers to sink into insurmountable debt — like payday and other high - cost loans.»
Such practices severely compound the pain
of vulnerable consumers seeking to find resolutions to difficult student debt problems.
The study confirms the need for a strong and harmonised protection of children as consumers, and it brings new evidence that advances the understanding of children as
potentially vulnerable consumers and of marketing practices that can be considered unfair from the perspective of child consumers.
Today we are issuing subpoenas to 15 debt settlement companies that are using such aggressive and deceptive tactics to prey on
vulnerable consumers here in New York so that we can reveal the full extent of their wrongdoing and harm.
The second case that we've got at the moment involves a book up provider in central Australia, again where they were targeting
vulnerable consumers whose first language wasn't English.
Overdraft products should not be allowed to function as extremely expensive credit, particularly for financially
vulnerable consumers who use it repeatedly.
The Australian Competition and Consumer Commission alleges the credit bureau
deceived vulnerable consumers by misrepresenting its products and charging for services that should have been free.
When builders, mortgage companies or Realtors own underlying safeguard industries, they are doing so to utilize their knowledge and power
over vulnerable consumers to steer them into their own companies — many times without the consumer knowledge.
The Public Interest Advocacy Centre (PIAC) is a non-profit organization that provides legal and research services on behalf of consumer interests, and, in particular,
vulnerable consumer interests, concerning the provision of important public services.
«I will be monitoring the regulator closely to ensure that they introduce this in a way that improves access to affordable credit and protects the
most vulnerable consumers.
«The ACCC will continue to take enforcement action if it considers that companies have engaged in unconscionable conduct, particularly in cases
involving vulnerable consumers and where there have been other breaches of consumer protection provisions of the ACL.»
PIAC seeks to represent and advocate on behalf of ordinary consumers, in
particular vulnerable consumers, concerning the rates, policies, rules and regulations associated with the delivery of these services with a view to ensuring principles of access and affordability and fair treatment for the constituencies it tries to serve.
For the first time ever, the federal government has issued a scathing report, saying that it appears that debt consulting firms are taking advantage
of vulnerable consumers.
In contrast to the suggestion by The Lancet, both infant formulae and follow - on formulae are strictly regulated at European level and subject to specific requirements in consideration of
the vulnerable consumers they are intended to, and their developmental phases.
As highlighted above, the EMR present a number of potential threats to
vulnerable consumers.
The EMR therefore could present a number of potential threats to
vulnerable consumers.
These actions came as a result of my own naivety driven by a desire to strengthen regulations on payday lenders and protect
vulnerable consumers.
Vulnerable consumers can easily fall prey to offers that promise something unrealistic or hide important details in the fine print.
We're really interested to see the way that the court interprets the responsible lending provisions under the National Consumer Credit Protection Act and how they might apply to book up, because we think that there might be opportunities to strengthen the regulation of book up and to really bring in some further protections for the most
vulnerable consumers.
But newer regulations, designed to protect
vulnerable consumers, prohibit issuers from marketing credit cards to younger applicants who may find themselves overwhelmed by debt if they start using credit cards too early.
«The most
vulnerable consumers, those who carry a balance, have been protected by the protections of the CARD Act,» says Chi Chi Wu, staff attorney for the National Consumer Law Center, a Boston - based consumer advocacy group.
The Public Interest Advocacy Centre («PIAC») is a national, non-profit organization and registered charity that provides legal and research services on behalf of consumer interests, and, in particular,
vulnerable consumer interests, concerning the provision of important public services.
The Public Interest Advocacy Centre (PIAC) provides legal and research services on behalf of consumer interests, and, in particular,
vulnerable consumer interests, concerning the provision of important public services.
Keep a watchful eye out for illegal life insurance deals, since those looking for low - cost plans are some of the most
vulnerable consumers.
Point of Sale: In the cases we've seen,
vulnerable consumers are being misled about the costs of the premiums.
The Financial Rights Legal Centre is a not - for - profit community legal centre that specialises in helping people understand and enforce their financial rights, especially low income and otherwise marginalised or
vulnerable consumers.
We believe that
vulnerable consumers are the most susceptible to being steered into a CBA or a sham, but have even seen the most savvy consumers successfully misled.
The Real Estate Council of BC has received complaints in recent months about advertising and marketing techniques that appear to target
vulnerable consumers.