Comments Supporting the CFPB Complaints System
NCLC joined a comment letter emphasizing the importance of the CFPB’s system for accepting, processing and publishing consumer complaints.
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NCLC joined a comment letter emphasizing the importance of the CFPB’s system for accepting, processing and publishing consumer complaints.
Read More about Comments Supporting the CFPB Complaints System
The Consumer Financial Protection Bureau’s proposed rule under Regulation B runs counter to Congress’s intent when it passed the Equal Credit Opportunity Act. By removing disparate impact liability, severely narrowing the definition of discouragement, and over-regulating special purpose credit programs, the propose rule would represent a major step backwards in our civil rights regulatory framework.…
NCLC joined a comment on a Paperwork Reduction Act request emphasizing the importance of the CFPB’s Consumer Complaint Intake System.
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This is a comment from fifty-two (52) consumer, economic justice, privacy, and advocacy groups to the Consumer Financial Protection Bureau’s (CFPB) Advance Notices of Proposed Rulemaking reconsidering its final Personal Financial Data Rights rule implementing section 1033 of the Dodd-Frank Act. The comment strongly supports the current 1033 Rule as issued in October 2024 and…
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NCLC and the Consumer Federation of America submitted comments to the CFPB opposing the proposed rulemaking to define the risks to consumers that would qualify an entity for risk-based supervision. The proposed rule directly contravenes the intention of Congress to give the Bureau considerable discretion in its exercise of this supervision authority, and it attempts…
The undersigned groups submit these comments on the Consumer Financial Protection Bureau’s (CFPB) four advance notices of proposed rulemaking (ANPR) on whether to propose a rule to change the definition of larger nonbank participants in the auto finance, debt collection, credit reporting and international money transmission markets. The ANPRs suggest that the number of companies…
The National Consumer Law Center submitted comments, co-authored by the Consumer Federation of America, to the Consumer Financial Protection Bureau regarding the Bureau’s notice that it is considering amending which participants in the auto finance market are considered larger participants. Entities defined as larger participants are potentially subject to supervision by the CFPB and the…
These are comments of the National Consumer Law Center (on behalf of its low-income clients) and the Consumer Federation of America in response to the CFPB’s advance notice of proposed rulemaking on whether to raise the threshold for defining larger participants in the consumer reporting market from $7 million in receipts from consumer reports to…
The National Consumer Law Center (on behalf of its low-income clients) and Consumer Federation of America appreciate the opportunity to submit these comments on the Consumer Financial Protection Bureau’s (CFPB) advance notice of proposed rulemaking (ANPR) on whether to propose a rule to amend the test to define larger nonbank participants in the consumer debt…
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This comment pushes back against the proposal by the Consumer Financial Protection Bureau (CFPB) to limit the permissible uses of the Consumer Financial Civil Penalty Fund. The proposed rule may signal a plan to stop compensating victims of companies that violate the law and then say they have no money to repay, and perpetuates a…
Read More about Coalition Comment on the CFPB's Proposed Rule Amending the Civil Penalty Fund Rule
NCLC joined 68 community, civil rights, consumer, civic and other organizations opposing bills that would undermine the Consumer Financial Protection Bureau (CFPB) and threaten its statutorily mandated consumer protection mission.
NCLC joined a letter from civil rights, community, consumer, labor, faith-based, small business, farm, and other organizations urge Congress to stand up for the Consumer Financial Protection Bureau (CFPB) and oppose any and all efforts to destroy or hobble the agency’s ability to protect consumers and hold Wall Street and predatory finance accountable by stopping…
Read More about Nearly 200 Groups Demand Senate Oppose Defunding the CFPB