Greetings!
Welcome to our bi-weekly newsletter. Stuff Magazine highlighted Consumer United in its "Hot 100" list, adding that our group "helps shoppers band together to negotiate better deals on everything from utilities to health insurance." Learn more here. Now, let's get started. |
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BBB Warns Against Debt-Collection Fraud  A new wave of fraud is impacting those hardest hit by the recession. Scammers are calling unsuspecting people and falsely claiming that they have defaulted on payday loans and are in danger of being arrested. The callers have been telling their victims that they're in positions of legal authority representing organizations with official-sounding names such as the "Financial Accountability Association" or the "Federal Legislation of Unsecured Loans." They threaten that adverse action will be taken if they don't pay immediately. Read more here. |
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Stores Shift To Electricity-Saving Lights  There's a push for energy-efficient lighting and, at various retail outlets across the country, the bulbs are gaining some traction in parking lots. LED lighting is currently being tested in hopes to offer a stark new look to parking lots of retail stores and shopping malls in the U.S. Last year, Wal-Mart, DOE and 11 other major retailers began to collaborate on how to make LED lighting successful in various retail parking lots throughout the nation. Click here for more information. |
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Credit Unions Serve Up Student Loans
 Loans may be one of the least desirable forms of student debt, but the most cost-effective place to get them may be your local credit union. In response to consumer demand, credit unions are starting to jump at the opportunity to offer student loans and, compared to similar products from bigger banks, they're usually a better deal with more favorable terms. Why credit unions? Many private lenders are leaving the industry because they're now being denied access to much-needed credit. Click here for the lowdown.
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