Consumer Financial Protection Bureau

Business & Economy
1:44 am
Tue February 5, 2013

Durham Is Pilot City For Tax Prep Initiative

The Consumer Financial Protection Bureau is piloting a new tax preparation initiative in three US cities - and Durham is one of them. The new initiative is called “Ready, Set, Save.”  And it’s targeted to households who qualify for the Earned Income Tax Credit – primarily moderate to low income households with children. Tiki Windley is a Program Manager at MDC in Durham.

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Politics & Government
6:10 am
Thu May 24, 2012

Federal Agency Looking At Prepaid Cards

A federal agency is looking to better regulate prepaid cards. The Consumer Financial Protection Bureau held a meeting in Durham yesterday.

Gurnal Scott: The CFSB says people who put money on prepaid cards don't know about charges to withdraw money or even get information on their accounts. The cards aren't attached to any bank. Durham resident Amy Matthews found out after trying to get to the money she put on a card.

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