Archive for April, 2015

Consumer Team Investigates Payday Loans

(DALLAS-FT. WORTH, TX)    The Consumer Team is investigating payday loans in a series of interviews with Suzanne Martindale, staff attorney at Consumer’s Union.   Martindale and CU have been lobbying for stricter guidelines to protect consumers from high interest rates and other payday loan tactics that often result in trapping consumers into long-term and high interest debt.

The Consumer Team Investigates Payday Loans

The Consumer Team Investigates Payday Loans

Pete Thomson, host of The Consumer Team, commented on the interviews with Suzanne Martindale.  He said, “We’re all about consumer education on The Consumer Team.  Suzanne Martindale is a very good resource for information on banking and other financial issues that consumers face.  With payday loans, we’re concerned about the trap that consumers are getting into which can stretch the term of even a small loan to many months with a triple digit APR.”

Thomson said that The Consumer Team will feature several interviews with Ms. Martindale regarding payday loans.   Thomson added, “First we want to educate our listeners regarding the dangers of getting a payday loan.  Beyond that we’ll talk about Consumers Union’s efforts to impact legislation to protect consumers.   And we’ll also shed a needed light on the Wall Street connection with the payday loan industry.”

Thomson cited Consumer’s Union’s work in consumer advocacy as vital to the American Consumer.  Thomson stated, “Consumer’s Union does so much to protect the consumer.   We regularly consult their resources for The Consumer Team radio program.  Their efforts to impact legislation are so important, and with the powerful industry lobbies that they face, it’s vital the consumers understand and support the efforts of Consumer’s Union.  The fight for consumer rights would be much more one-sided without Consumer’s Union fighting on our behalf.”

The Consumer Team is broadcast Saturdays from 5-7 PM (Central) on CBS Radio’s KRLD in Dallas/Ft. Worth Texas.  The Consumer Team is produced by McQ Media Inc, Dallas, TX.

Consumer Team Radio: Stop Robocalls!

(DALLAS-FT. WORTH, TX)   The Consumer Team talk radio program will air a special segment on Robocalls on Saturday, April 4, 2015.   Christina Tetreault, a staff attorney with Consumer’s Union, will be a featured guest for the program.   Commenting on the program, Consumer Team host Pete Thomson said, “The research from Consumer’s Union will open your eyes regarding the severity of this issue.  Robocalls not only harass consumers, they also cost us money because they’re often promoting scams.   The interview with Christian Tetreault will define the robocall issue and also outline ways that consumers can fight back through a program that Consumer’s Union is coordinating.”theconsumerteam

According to Consumer’s Union, companies that are using robocalls regularly call consumers from the national ‘Do Not Call’ list.  Thomson added, “I was surprised at the number of large companies that are using robocalls to harass consumers.  In many cases, the Do Not Call list is being disregarded.   Thankfully, Consumer’s Union is fighting for the consumer in the area of robocalls.  On Saturday’s broadcast we’ll outline a new Consumer’s Union initiative that is designed to put pressure on robocall violators.”

Thomson called the Consumer’s Union-Robocall initiative important and something that consumers need to engage.  He added, “We’ll be discussing several ways that consumers can fight back against robocalls, including an online petition that Consumer’s Union has organized.”

The Consumer Team with Pete Thomson is broadcast Saturdays from 5-7 PM Central on 1080 KRLD.   The Consumer Team is produced by McQ Media Inc, Dallas, Texas.

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