Predatory Lender Enova Drops Bid to Become National Bank
Bank Charter Would Have Enabled 100% APR Loans in Every State
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Amicus Brief in NAIB v. Weiser (10th Cir. en banc)
This is a supplemental amicus brief submitted to the U.S. Court of Appeals for the Tenth Circuit in the case National Association of Industrial Bankers et al. v. Philip J. Weiser and Martha Fulford (No. 24-1293).
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Amicus Brief in Calise v. Meta Platforms, Inc.
The brief, submitted by Tech Justice law, Check My Ads Institute, Consumer Federation of America, Consumer Reports, National Association of Consumer Advocates, and NCLC, addresses Meta’s knowledge of rampant fraudulent advertisements on its Facebook platform and the company’s system for generating revenue from those ads. The groups argue that Meta’s knowing facilitation of scam ads…
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Comments on the Federal Reserve Board's Proposed Revisions to the Federal Reserve Policy on Payment Risk and the Guidelines for Account and Services Requests
The Federal Reserve Board proposed revisions to the Federal Reserve Policy on Payment System Risk to accommodate the provision by Reserve Banks of special-purpose accounts that would clear and settle certain payment activity (Payment Accounts) and the proposed updates to the guidelines for Federal Reserve Banks to use in evaluating requests for access to Reserve…
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The New York Times: Why Some Banks Still Charge High Overdraft Fees
Appearing in The New York Times on July 3, 2026, Ann Carrns talks to NCLC senior attorney Lauren Saunders about how overdraft fees remain stubbornly high at some banks after a rule limiting the charges was scrapped last year. Overall revenue from overdraft and related fees at all banks and credit unions rose to an…
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Top 10 Reasons Why Recent Trump Administration Efforts to Debank Immigrants Are a Bad Idea
This Issue Brief discusses the top ten reasons why efforts to shut immigrants out of bank accounts and access to credit is a bad idea, including:
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Before Approving 100% APR Banks, Fed Must Hold Public Hearings
Unprecedented Bids Could Create the First National Banks Dedicated to Predatory Lending
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Coalition Letter to Federal Reserve Requesting Full Board Vote and Public Hearing on Applications of Enova and Opportunity Financial to Become Bank Holding Companies
The Board of Governors is presently reviewing the application of Enova International to acquire Grasshopper Bank and to become a bank holding company. The Board is also expected to shortly receive the announced application of Opportunity Financial (“OppFi”) to acquire BNC Bank and to become a bank holding company. In light of the unprecedented nature…
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Trump Administration Ramps Up Efforts to Debank Immigrants
New CFPB Advisory Telling Banks To Consider Immigration Status Does Not Create a New Legal Requirement
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More Than 100 Consumer Advocates From 30 States and D.C. Convene on Capitol Hill for Consumer Advocacy Day
By engaging directly with congressional offices, advocates aim to ensure that consumer interests remain at the center of policy discussions.
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Nueva Orden Presidencial Sobre Cuentas Bancarias e ITIN: Lo Que Necesitas Saber
Esta es una guía básica para entender qué significa la orden para ti, tu cuenta de banco, y tu dinero.
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New Presidential Order on Bank Accounts and ITINs: What You Need to Know
Here is a guide to what the order means for you, your bank account, and your money.
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