Top Ten Ongoing Consumer Law Violations

The National Consumer Law Center has listed the following “Top Ten” Consumer Law Violations:

• 1. Bogus affidavits, Robo-signed affidavits used in foreclosure and credit card collection lawsuits;
• 2. Entities foreclosing on mortgages lack standing or do not comply with HAMP mortgage modification requirements;
• 3. Employers pull consumer reports but do not send required notices;
• 4. Voicemail not revealing the caller is a debt collector;
• 5. subprime loans that are unaffordable, fail to include an escrow account, or contain prepayment penalties;
• 6. Document fees, window etching, GAP, or other overpriced auto add-ons are slipped in without permission or through deception;
• 7. TILA requires mortgage servicers to properly credit payments and provide a requested payoff statement and the mortgage holder’s identity; mortgage brokers can no longer encourage appraisers to misrepresent home values;
• 8. Debt buyers and debt collectors bringing lawsuits outside the statute of limitiations (expired claims);
• 9. auto lenders fail to follow state law regarding repossession rules;
• 10. undisclosed prior wreck car sales.