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No Fresh Start in 2020: Will States Let Debt Collectors Push Families Into Poverty In The Wake of a Pandemic?

2020-10-29T11:41:46-05:00November 7, 2019|Categories: Issues|

As millions of families suffer job loss or struggle to pay bills during COVID-19. states have an important role in protecting them from seizure of essential wages and property to pay old debts by over-aggressive debt buyer and collection industries. By updating exemption laws, states can prevent these debt collectors from reducing families to [...]

Advocates Urge FDIC, OCC, Federal Reserve to Stop Banks from Helping Payday Lenders Evade State Interest Rate Limits

2019-11-07T15:07:33-05:00November 7, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: November 7, 2019 Washington, D.C. - A coalition of 61 consumer, civil rights, and community groups today sent letters to three federal bank regulators urging them not to allow their banks to help payday lenders evade state interest rate limits.  The groups sent separate letters to the Federal Deposit Insurance Corp. (FDIC), [...]

Statement of National Consumer Law Center Attorney and Negotiator Robyn Smith on U.S. Department of Education’s Harmful Departure from Consensus on State Authorization Distance Education Regulations

2019-11-01T12:55:34-05:00November 1, 2019|Categories: Media Center|

FOR IMMEDIATE RELEASE: November 1, 2019 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) or (617) 542-8010 Boston - On October 31, 2019, the U.S. Department of Education issued final rules, effective July 1, 2020, that will erode states’ rights to enforce consumer protections applicable to for-profit online education colleges. The rules will have a [...]