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Money: New CFPB Rule Could Make It Easier to Switch Banks

October 22, 2024

Appearing in Money Magazine on October 22, 2024, Martha C. White discusses the longer-term benefits of cash-flow underwriting with NCLC senior attorney Chi Chi Wu. “We think it’s a promising alternative to traditional credit reports and credit scores,” she says, adding that it could lead to better, more accurate determinations of borrowers’ creditworthiness than traditional…

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FTC’s Click to Cancel Rule Takes on Tough to Cancel Subscriptions

October 16, 2024

A new rule finalized today by the FTC addresses the growing trend of companies trapping consumers in subscriptions with complicated cancellation terms.

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White House Efforts Will Reduce Medical Debt, Protect Consumers from Harmful Debt Collection

October 1, 2024

Advocates at the National Consumer Law Center (NCLC) applaud a series of actions announced today by the Biden-Harris Administration to provide debt relief to struggling consumers and to address illegal debt collection.

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Digital Library: 18 CFPB Actions in 2024 Aiding Private Consumer Litigants

August 21, 2024

It is still August and the CFPB already has been active this year with significant new final and proposed rules, advisory opinions, supervision findings, enforcement proceedings, and circulars (detailed interpretations) covering a wide range of new and established financial products. This activity often can be of significant benefit to consumers litigating in these areas and…

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Digital Library: Consumer Litigation Guide to Supreme Court Rejection of Chevron

July 18, 2024

This article focuses on the implications of recent decisions for consumer attorneys bringing claims relying on federal agency rules and agency interpretations of federal consumer laws.

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CFPB’s SoLo Funds Enforcement Action is a Warning for Fintech Payday Lenders

May 20, 2024

The CFPB filed an enforcement action against SoLo Funds, a payday loan platform that disguises the cost of loans through purportedly voluntary “tips” and “donations.”

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Search Results

Money: New CFPB Rule Could Make It Easier to Switch Banks

FTC’s Click to Cancel Rule Takes on Tough to Cancel Subscriptions

White House Efforts Will Reduce Medical Debt, Protect Consumers from Harmful Debt Collection

Digital Library: 18 CFPB Actions in 2024 Aiding Private Consumer Litigants

Digital Library: Consumer Litigation Guide to Supreme Court Rejection of Chevron

CFPB’s SoLo Funds Enforcement Action is a Warning for Fintech Payday Lenders