NCLC’s Year in Consumer Justice: 2024
Advocates made strides to protect consumers from medical debt, junk fees, predatory loans, risky mortgages, hidden car costs, and many other unfair practices.
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Advocates made strides to protect consumers from medical debt, junk fees, predatory loans, risky mortgages, hidden car costs, and many other unfair practices.
Inaccurate credit reporting can wreak havoc on victims of “coerced debt,” which occurs when an abuser uses coercive control or identity theft to incur debt in the name of an individual.
In May of 2024, the U.S. Supreme Court ruled 7-2 in favor of the Consumer Financial Protection Bureau (CFPB), delivering a major victory to consumers. But this was just the latest in a long series of challenges to the nation’s top consumer watchdog’s independent funding structure and to its mission to protect consumers in the financial marketplace. And…
Read More about The Threat to the CFPB – and How You Can Help
Banking, Payments, & Remittances Criminal Justice Credit Reporting & Data Fairness Access to Justice Debt & Bankruptcy Homeownership & Foreclosure Mortgages Medical Credit Cards Standards for Automated Valuation Models (AVMs) FTC, AG Efforts to Adress Fraud Tenant Protections for Enterprise-Backed Multifamily Properties Property Assessed Clean Energy (PACE) Loans Rulemaking Data Brokerage Abusive Conduct Prohibited by…
WASHINGTON – Over 100 consumer, civil rights, and labor groups today called on CFPB Director Rohit Chopra to exercise the agency’s authority to limit forced arbitration clauses, which are commonly buried in the fine print of consumer financial contracts to eliminate the rights of customers seeking accountability when scammed, cheated, or defrauded by big banks.…