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Statement of National Consumer Law Center’s Persis Yu Regarding Report on U.S. Department of Education’s Sweetheart Deal for Loan Servicers

2019-03-27T07:15:16-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: February 14, 2019 || Contact: Jan Kruse (jkruse@nclc.org) or (617) 542-8010 BOSTON – The following statement is by Persis Yu, director of the National Consumer Law Center’s Student Loan Borrower Assistance Project in response to the new report by the U.S. Department of Education’s Office of Inspector General, Federal Student Aid: Additional [...]

Statement on CFPB Sandbox Proposal

2019-02-14T12:37:33-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: February 12, 2019 Contact: Lauren Saunders (lsaunders@nclc.org) Statement on CFPB Sandbox Proposal A group of 80 consumer, civil rights, legal services, labor, environmental, and community groups today expressed their strong opposition to the proposed changes to the Consumer Financial Protection Bureau’s no-action letter policy and its proposed product sandbox. A copy of [...]

The Dark Side of Payroll Withholding to Repay Student Loans

2019-02-14T12:34:22-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: February 11, 2019 Contact: Persis Yu (pyu@nclc.org), (617) 542-8010 BOSTON - Last week, U.S. Senate Committee on Health, Education, Labor and Pensions Chair Lamar Alexander proposed a program that would require student loan borrowers to repay their loans through mandatory automatic deductions from their paychecks. The National Consumer Law Center released a [...]

Report: Unpublished FTC Data about Debt Collection Complaints Shed Light on Reported Law Violations by Collectors

2019-02-14T12:29:29-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: February 7, 2019 National Consumer Law Center Contacts: April Kuehnhoff (akuehnhoff@nclc.org) or Jan Kruse (jkruse@nclc.org), (617) 542-8010 National Consumer Law Center Report Analyzes Nearly 700,000 Consumer Complaints from 2017 for 50 States, District of Columbia, and Puerto Rico Download the full report and access debt collection fact sheets (national, state, and District [...]

Consumer Financial Protection Bureau Guts Rule to Rein in High-Cost Short-Term Loans

2019-02-14T12:26:30-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: February 6, 2019 National Consumer Law Center contacts: Lauren Saunders (lsaunders@nclc.org) or Jan Kruse (jkruse@nclc.org) New Rule Proposal, If Finalized, Will Likely Face a Legal Challenge WASHINGTON, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) under the leadership of new director Kathy Kraninger has proposed to largely repeal a common-sense rule [...]

Legislation to Shut Down Unwanted Robocalls Reintroduced

2019-02-14T12:23:55-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: February 4, 2019 National Consumer Law Center contacts: Margot Saunders (msaunders@nclc.org); Jan Kruse (jkruse@nclc.org), (617) 542-8010 The “Stopping Bad Robocalls Act” would reinforce decades-old consumer protections from robocalls WASHINGTON - Consumer advocates at the National Consumer Law Center applaud Congressman Frank Pallone (D-NJ-6) for reintroducing the “Stopping Bad Robocalls Act,” a bill [...]

Insurance Companies Conspired to Inflate Bail Bond Premiums Contends Lawsuit Brought by Lieff Cabraser, National Consumer Law Center and Other Public Interest Groups

2019-02-14T12:21:00-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: January 30, 2019 Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) or (617) 542-8010 Lieff Cabraser Heimann & Bernstein, LLP: Dean M. Harvey (415) 956-1000 or dharvey@lchb.com Suit filed on behalf of thousands of Californians alleges conspiracy in the bail industry to fix prices and inflate bail bond premiums, making it more [...]

2019 Tax Filing Season: More Questions than Answers

2019-02-14T12:15:16-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: January 28, 2019 National Consumer Law Center Contact: Jan Kruse (jkruse@nclc.org) or (617) 542-8010 BOSTON ― As the potentially chaotic tax filing season officially begins today after a protracted government shutdown, advocates from the National Consumer Law Center issued their annual consumer advisory on taxpayer consumer protection issues. These include: • Refund [...]

Advocates Applaud Senate Bill to Boost Energy Security for Low-Income Families Across the United States

2019-02-14T12:08:31-05:00February 14, 2019|Categories: Media Center|

For Immediate Release: JANUARY 23, 2019 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) or (617) 542-8010 Washington, D.C. -  U.S. Senators Shaheen (D-NH), Collins (R-ME), Coons (D-DE), and Reed (D-RI) introduced bipartisan legislation that would prevent undue delay in distributing grants through the Weatherization Assistance Program (WAP) and the State Energy Program (SEP), providing [...]

Civil Rights and Consumer Groups Implore the FDIC to Say No to Bank Payday Loans and Rent-a-Bank Payday Lending

2019-02-14T12:06:08-05:00February 14, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: January 23, 2019 CONTACTS: National Consumer Law Center: Jan Kruse (jkruse@nclc.org), (617) 542-8010 Center for Responsible Lending: Ricardo Quinto (ricardo.quinto@responsiblelending.org) Washington, D.C. – In comments submitted late yesterday, national civil rights and consumer nonprofits urged the Federal Deposit Insurance Corporation (FDIC) not to sanction high-cost loans made by banks directly or through [...]