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Media Hit | Higher Ed

Wall Street Journal: Prepaid Cards Go to School

For some students, a prepaid card offered through a college may be the fastest way to receive student-loan funds, says Rich Williams, higher education advocate with the U.S. Public Interest Research Group. But the cards can carry fees that eat into your balance, says Mr. Williams, including ones for buying or reloading the card and withdrawing money from ATMs.

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Blog Post | Public Health

Red Vines Black Licorice Candy Recalled for High Lead Content | Nasima Hossain

The American Licorice Co. voluntarily recalled 1-pound bags of its Red Vines Black Licorice Twists after the California Department of Public Health found levels of lead in the candy that exceed the state standards.

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Blog Post | Consumer Protection

FTC recovers over $500 million from "get rich" and "lose weight in 3 minute abs workout" scammers | Ed Mierzwinski

The FTC today announced a $25 million settlement with the marketers of the Ab Circle Pro, an exercise machine that promises you can lose weight and get ripped abs in "just 3 minutes a day;" meanwhile, a federal judge has also approved a $478 million settlement in the FTC's case against a "get rich quick" infomercial king. A good day for consumers.

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News Release | U.S. PIRG | Public Health

Cantaloupe Salmonella Outbreak Highlights Need for Strong Food Safety Programs

The Food Safety Modernization Act, signed into law by President Obama in January 2011, requires the U.S. Food and Drug Administration to establish new food safety rules, including new standards for growing fruits and vegetables. Those rules were originally intended to come out at the beginning of 2012, but eight months later we are still waiting for these rules to be released.

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Blog Post | Financial Reform

More credit card banks quit evil ways | Ed Mierzwinski

In July, the CFPB slammed Capital One for tricking consumers into buying over-priced, under-performing credit monitoring and debt-cancellation subscription products. More good news: the Wall Street Journal is reporting that Bank of America has stopped selling debt cancellation products and that Citibank is in some sort of timeout.

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