Consumer Protection Finance Bureau
In Biden’s war on junk fees, North Carolina’s senior senator pushes back
In a hot housing market, prospective renters can’t afford to be indecisive. Decide to sleep on it overnight and the property may be snapped up by someone else. But today’s rental market can also place a burden on even the most expeditious renters with application fees, credit checks, move in fees and other “convenience” surcharges. […]
Two communities find a cure for medical debt: pandemic stimulus funds
Local governments in Ohio and Illinois are using American Rescue Plan Act money to relieve residents struggling with medical debt by partnering with an organization that buys debt and wipes the slate clean for debtors. It’s a strategy advocates say could be duplicated across the country to help erase a multi-billion-dollar problem.