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Tag Archives: Richard Cordray

‘Cramming’ on customer bills proves costly to Verizon, Sprint

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By TED CARTER Inserting unauthorized third party charges into customer bills has cost wireless carriers Verizon and Sprint a combined $120 million in reimbursements to customers and federal and state fines of $38 million. Mississippi received $358,269.56 for its participation in the Sprint and Verizon settlements. The national mobile cramming settlements with Verizon and Sprint and last fall with AT&T ...

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UPDATED: Verizon, Sprint pay big in ‘cramming’ settlements

verizon

Inserting unauthorized third party charges into customer bills has cost wireless carriers Verizon and Sprint a combined $120 million in reimbursements to customers and federal and state fines of $38 million. Mississippi received $358,269 for its participation in the Sprint and Verizon settlements. The national mobile cramming settlements with Verizon and Sprint and last fall with AT&T and T-Mobile have ...

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Pew poll: Americans want banks to give more details on checking accounts

Republicans in Congress may want the Consumer Financial Protection Bureau to die in its infancy, but most Americans are looking forward to the work the bureau will do in bringing more transparency to bank checking account transactions, a new poll has found. Americans with checking accounts believe banks must do a better job of disclosing terms, conditions and fees associated ...

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