I missed this Last Week Tonight segment because I’m a loser and I don’t watch TV. It’s not unfunny. And in fairness to the hardworking robots on the other end of the line, here is an industry lawyer’s response challenging some of Oliver’s arguments.
Hat tip to the excellent Consumer Law & Policy Blog for
Let’s do a quick thought experiment. Why did Willie Sutton rob banks?
Because that’s where the money is.
And who, by and large, owns that money at those banks?
Well, older folks. They’ve had a lifetime to accumulate it.
So should we expect to see older Americans victimized by financial exploitation?
Yes–and that is…
We’re really hammering the winter theme on this blog.
This is a question that we get more often than you’d think. And we can only imagine how frustrating it must be to lose access to your bank account–especially if you have direct deposit and use that account to pay your bills.Unfortunately, there’s not a quick…
Delegate Marcus Simon, a Democrat from Fairfax, has introduced legislation to bar anyone from acting as an student loan servicer without a license. The bill, H.B. 1760, would would prohibit qualified education loan servicers from
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These snow demons are fixin’ to break the law.
Gift certificates are great holiday gifts. Sure, they kind of say, “I care about you, but not enough to, you know, shop for you.” But they’re just so convenient. Your brother-in-law with an undergrad economics degree who answers phones for a living now might argue that…
He was very clear about my role here. About who I’m supposed to be loyal to. Guess you could call it . . . my core drive.
My kids call my mother-in-law Bebop. Long story. But relevant here, Bebop is not a shy woman. She has opinions. She likes to share them. And she does not…
In many cases, the scariest part of litigation isn’t the threat of paying a judgment if you lose; it’s the certainty of paying attorney’s fees and litigation costs, win or lose. This prices most normal people out of litigation, and often drives people and small businesses to settle lawsuits even when they are likely to…
This is a website about laws and legal decisions that affect consumers in Virginia. A had a professor in law school who would have called them “the ground rules for economic combat” between normal people and businesses like banks, credit card companies, payday lenders, and car dealerships–really, any company that sells anything.
First lesson: the…
