The coronavirus pandemic has coincided with a dramatic increase in the number of complaints filed with the Consumer Financial Protection Bureau, according
Your credit report may be wrong â hereâs what to do about it
Jeff Chiu/AP
FILE - In this July 16, 2019, file photo a Capital One credit card is shown in a wallet in San Francisco. A security breach at Capital One Financial, one of the nation s largest issuers of credit cards, compromised the personal information of about 106 million people, and in some cases the hacker obtained Social Security and bank account numbers. (AP Photo/Jeff Chiu, File)
By: Bev O Shea, Nerd Wallet
Posted at 4:12 PM, Mar 01, 2021
and last updated 2021-03-01 17:12:00-05
Consumers filed complaints with the Consumer Financial Protection Bureau in record numbers in 2020, according to a report released Monday by the U.S. Public Interest Research Group, a nonprofit consumer advocacy group. Credit reporting issues were cited in 282,000, or 63%, of the complaints. The majority noted incorrect information on credit reports or information belongs to someone else, the report said.
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The U.S. Public Interest Research Group surveyed more than 5,000 students at over 80 colleges and universities nationwide last fall.
An affordable textbook campaign surveyed more than 5,000 students and showed the cost of textbooks is skyrocketing due to the coronavirus pandemic.
Many students have struggled with the cost of textbooks for years. For economically vulnerable students, the COVID-19 pandemic has made matters much worse.
The U.S. Public Interest Research Group (PIRG) surveyed more than 5,000 students at 82 colleges and universities across the nation. They talked about their findings during a webinar Friday.
“Lack of competition in the textbook marketplace and the lack of choice students have in their purchasing decisions has driven the cost of textbooks sky high,” said Affordable Textbooks Campaign Director Cailyn Nagle. “Although that steep climb has leveled off over the past few years, students continue to struggle to afford their materials.
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