FOR IMMEDIATE RELEASE: July 29, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. – Attorneys at the National Consumer Law Center praised the introduction yesterday of the Veterans and Consumers Fair Credit Act in the U.S. Senate, led by U.S. Senators Jack Reed (D-RI), Jeff Merkley (D-OR), Sherrod Brown (D-OH), and Chris [...]
FOR IMMEDIATE RELEASE: July 15, 2021 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. – Advocates at the National Consumer Law Center applauded bipartisan and bicameral legislation announced yesterday by U.S. Senator Kirsten Gillibrand (D-NY), Senator Lindsey Graham (R-SC) and Dick Durbin (D-IL), chair of the Senate Judiciary Committee, [...]
COVID and Utility Arrearages The COVID-19 pandemic has brought into sharp focus the fact that millions of Americans cannot afford the bills for utility service that keep the lights on, the food in the refrigerator cold, the air conditioning running in the summer, and the heating system running in the winter. In order to protect [...]
FOR IMMEDIATE RELEASE: July 8, 2021 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Persis Yu (pyu@nclc.org) Boston - Statement by Persis Yu, director of the National Consumer Law Center's Student Loan Borrower Assistance Project in response to the announcement that PHEAA (FedLoan Servicing) will not be extending its federal contract in December. “Lawsuits by [...]
FOR IMMEDIATE RELEASE: June 24, 202 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) OCC Rule Protects High-Cost Lenders that use Rent-a-Bank Schemes to Evade State Interest Rate Laws Washington, D.C. – Advocates at the National Consumer Law Center applaud the U.S. House vote to overturn the OCC’s “fake lender” rule, which allows predatory lenders to evade [...]
FOR IMMEDIATE RELEASE: JUNE 16, 2021 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Boston - Today, the U.S. Department of Education (Department) announced that it will discharge the federal student loans of 18,000 former for-profit ITT Tech students who applied for borrower defenses to repayment based on significant misrepresentations made by the now-shuttered school. [...]
Maryland Joins New York, Illinois, Connecticut, and Ohio to Rein in Abuses by Competitive Energy Supply Companies FOR IMMEDIATE RELEASE: June 7, 2021 National Consumer Law Center contact: Jan Kruse, jkruse@nclc.org Washington, D.C. – National Consumer Law Center advocates applauded Maryland’s General Assembly for passing the Energy Supply Reform Bill (SB31/HB397). The effort was led [...]
By Olivia Wein (National Consumer Law Center) and Cheryl Leanza (United Church of Christ) Cross-posted with The Leadership Conference on Civil and Human Rights and the United Church of Christ, OC Inc. More than one year into the COVID-19 pandemic, one thing is certain: Our lives have forever changed — and daily reliance on digital [...]
For Immediate Release: May 27, 2021 National Consumer Law Center contact: Jan Kruse, jkruse@nclc.org NCLC’s Review of State Consumer Protection Laws for a $2,000 Two-Year Installment Loan and $500 Six-Month Loan View the full report, with maps for the District of Columbia and each state’s APRs for two types of installment loans, tables outlining changes since the [...]
FOR IMMEDIATE RELEASE: MAY 13, 2021 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or April Kuehnhoff (akuehnhoff@nclc.org) Washington, D.C. – Today, the U.S. House of Representatives passed the Comprehensive Debt Collection Improvement Act (HR 2547), sponsored by Financial Services Committee Chairwoman Maxine Waters (D-CA), which would bring much needed clarity and reforms to stop [...]
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