Don't bother filing a complaint with CFPB

You’re on your own now. CFPB does not have your back any longer. Be careful where you step.

“Later that day, Mr. Musk posted “CFPB RIP,” with an emoji of a gravestone, on X.”

Ironically, this kind of narrows the quality or risk gap between Fidelity Cash Management (which has been having issues, and is not covered by CFPB) and High Yield Bank Savings Accounts at Banks (were covered by CFPB). Now none of them have a watchdog. Fidelity’s watchdog is FINRA, which is toothless, it’s set up by industry to monitor itself LOL.

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i have given up hope in anything that is intended to help citizens of the USofOrange. I won’t go into a 4 page rant and get banned from the forums.

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I like your avatar Cooper!

Perhaps this will improve your day. :rofl:

This should make the markets about as happy as KC Chiefs’ fan.

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Unfortunately we are going to see the removing of our consumer safeguards more and more.

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CNN and CNBC would be the last places I would look for reliable, unbiased news.

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What are your views of OAN…legitimate?

Okay, point out even one sentence, phrase, or paragraph in the link provided that makes it biased or unreliable. I’ll hang up and wait for your answer off the air. You can go back to getting your updates on Fox News.

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Never heard of it before.

You were always on your own. You are your best protection against consumer fraud and abuse. That and listening to Clark… who’s done more for consumers than CFPB ever will. :wink:

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Sorry billius, Clark was a big supporter of CFPB from all I can find.
https://clark.com/personal-finance-credit/banks-banking/overdraft-fee-changes/

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It’s been useless for every bit of the last 4 years where every govt agency went over a cliff and lacked accountability, allowed ee’s to work from home, etc. CFPB over the last four years would simply close complaints and allege there were duplicate cases submitted or the case was resolved. No one made them accountable - now at least they are being held accountable for their results over the past 4 yrs and hopefull that will ensure a better method is put in place - but at least we won’t be funding our own abuse by such agency(ies) who are staffed with incompetents.

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Didn’t say he wasn’t but he’s done more for me and probably countless others with his podcasts, ideas and commentary on consumer finance all these years than the CFPB has.

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…and yet the markets are up nicely today…

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What does your expertise in macroeconomics tell you about the usefulness of punishing tariffs and trade wars? (It’s entirely possible the insiders think his latest tariff threat’s teeth are as sharp as the Canada/Mexico threat had. “Just keep doing what Biden made you do, and I’ll put it on hold”.

oh boo hoo. The federal government is completely out of control. You know it. I know it. These people are not showing up for work, and you think they are protecting you. Two thoughts:

  1. Definition of insanity?
  2. If you find yourself in a hole, stop digging.
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I hope the same thing doesn’t happen to the office that handles Medical Surprise Bills. I had a surprise bill a couple of years ago, which was absolutely illegal, and it was for a lot… let me see… $1235, Certigen medical lab. In-network doctor sent it to them, and the insurance refused to pay, so they were dunning me for $1235. The CMS cleared that up for me in a hurry, and Certigen sent me a $0 invoice… the best outcome possible.

But, given that the way things are going, I expect it to come down at some point… I hope I’m wrong. The medical industry sure wants it to go away.

No Surprises Act | CMS

Case 1:

I used to ‘not show up for work’. Here is how it worked with the company (a major computer company).

Being in a group of your peer co-workers works by allowing you to know what is happening and being able to react based upon existing conditions. You share ideas.

Then there were the people who worked from home, as I did for a while. I eliminated distractions and could be more productive. This is NOT a counter argument to working in the office. Even sales people and workers from home had to come t othe office periodically to take classes or join in meetings.

You see, some jobs do not require an office. There are tax professionals who sit in a little booth at Walmart. They do not need to be in a giant office with 30 other tax people at the same time. They still need to account for their time.

In my case, I was salaried, which meant that I had specific times to be online managing things, yet there were times when I went to the office.

My Manager and I set goals (as did every manager and every employee whether in the office or not). You were reviewed upon how closely you attained those goals and your pay might be adjusted accordingly.

When people think of working from home, they think that they are watching TV or outside working on the car. That is not much different than the office workers sitting in the break room or having a smoke break. There is the thought that cigarette smoking reduces stress. What it does is allow you to stop working and ignore problems for minutes at a time, especially when that includes having to walk long distances to get to an approved smoking location.

I was just as productive, perhaps more so, working from home. Rather than a 9-5 job, I could be called upon to fix things outside those hours, and I spent more time doing ‘work stuff’ than many of my office-mates.

Not everyone can manage time on their own, so I say that many people are not appropriate for that, however many others are better suited to being in a stress-free, remote location where they can focus on work without the office birthday get-togethers, fire drills, gossip and mini meetings that really could have been an email and so on. It was told (don’t know if it was true) that a company had an LED clock-like device in the conference room. It was programmed with the hourly wage of the attendees and during the meeting, showed what the cost was for everyone to be there. Also, not having chairs helped keep those meeting relavant and short.

Case 2:

A local limo company here is the primary transportation company for a very large and exclusive resort (4 Seasons) where they charge thousands of dollars a night for rooms. When a guest wants to go to the airport of see the other side of the island, a call is placed to the dispatcher at the limo company. During hours it is a dispatcher or two who handle the calls and tell the drivers which guest to pick up, where they are going, etc. They also monitior which limo is closest to the resort, etc. The dispatchers use telephones and Internet to make this all happen while also updating an online system. Although the dispatchers may be within miles of the Hawaii Resort, they can and sometimes are in Las Vegas or Washington State. Yes they could be in New York for all that matters. You see, they use Internet phones that can ring anywhere in the world, the rest of the data and systems are also online. As long as they are dispatching when they are supposed to and the guests are happy, it does not matter where the dispatchers are physically.

Case 3:

McDonalds in Hawaii tested a system where they orders at the drive-thru were actually taken by a call-center on the mainland. That way if a customer was speaking Russian (for example) the call center could use someone on the team there that spoke that langue where a local restaurant could never do that.

So, yes there is a case to be made for some people to work from home and some jobs which are well suited for that. The thought that ‘everyone’ has to be in one place is rediculous especially with todays technology.

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I get that. i just tell them to go away. My local hospital likes to outsource emergency room care to “independent contractors.” Got a bill for over 2k. Called them. Indian picks up.

me: “hi, I got this bill from you. Who are you?”
them: “oh, high, you need to send us $$.”
me: “You did not answer my question.”
them: “oh, you need to send us $$”

etc.

Nice try Northside. They never got “their money” and I went on with my life.

Did the CFPB help me? Nope. But I’m sure a few thousand employees are out there getting pensions.