All Issues

High-Cost Credit

Predatory lending strips wealth from vulnerable consumers and communities. High-cost lenders use a variety of methods to evade consumer protection laws and even to deny they are offering credit. NCLC fights for reasonable and effective interest rate limits, affordable small dollar loans, and an end to abusive practices and evasions by payday lenders, online lenders, credit cards, and newer fintech forms of credit.

Key Topics

Credit Cards

Protecting consumers against credit card abuses.

Fintech & Disguised Credit

NCLC works to ensure that new and evasive forms of credit have strong consumer protections.

Interest Rate, Usury & Other Credit Laws

Supporting effective state and federal interest rate limits and credit laws.

Payday & Installment Loans

Fighting high-cost, predatory loans and supporting affordable small dollar credit.

Rent-a-Bank Loans

Fighting schemes that help lenders evade state interest rate limits.

Featured

Recent Resources

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Predatory Lender Enova Drops Bid to Become National Bank

September 15, 2026

Letter Opposing Predatory Bank Loans and HR 7866, Supporting Rate Caps

September 10, 2026

Letter in Opposition to H.R. 7866 (Davidson), the American Lending Fairness Act

September 2, 2026

CBS News: People are turning to BNPL loans to pay for rent, food and other necessities

September 2, 2026

Comments on New York Buy Now, Pay Later Proposed Regulations

August 28, 2026

Courts Reject Claims that Payday Loan Apps Don’t Offer Loans

August 26, 2026

Amicus Brief in NAIB v. O’Day

August 25, 2026

Broad SUPPORT for AB 2116 (Schiavo) – California Financing Law

August 17, 2026

Comments on the Application to Charter OppFi National Bank & Acquire BNC Bank

July 31, 2026

Comments & Letters

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Letter Opposing Predatory Bank Loans and HR 7866, Supporting Rate Caps

September 10, 2026

Letter in Opposition to H.R. 7866 (Davidson), the American Lending Fairness Act

September 2, 2026

Comments on New York Buy Now, Pay Later Proposed Regulations

August 28, 2026

Broad SUPPORT for AB 2116 (Schiavo) – California Financing Law

August 17, 2026

Comments on the Application to Charter OppFi National Bank & Acquire BNC Bank

July 31, 2026

Coalition Letter in Opposition to H.R. 9330 (Steil), Earned Wage Access Consumer Protection Act

June 29, 2026

Coalition Letter to Federal Reserve Requesting Full Board Vote and Public Hearing on Applications of Enova and Opportunity Financial to Become Bank Holding Companies

June 22, 2026

Coalition Letter Opposing Unaffordable 100% APR Bank Loans; Urging Congress to Support State and Federal Interest Rate Limits

May 7, 2026

Letter from Civil Rights Groups to Federal Reserve Board Opposing Enova Bank Charter

April 22, 2026

Reports

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Picking Workers’ Pockets: Unfair, Deceptive and Abusive Practices by Earned Wage Payday Lenders

January 12, 2026

Predatory Installment Lending in the States: How Well Do the States Protect Consumers Against High-Cost Installment Loans? (2025)

December 19, 2025

Larger Loans Need Lower Rates: A 50-State Survey of the APRs Allowed for a $10,000 Loan

March 6, 2024

Report: Predatory Lenders TAB Bank & Easypay Finance Harm Veterans & Military Servicemembers

May 24, 2022

Predatory Auto Repair Loans by TAB Bank and EasyPay Finance

May 11, 2022

Predatory Puppy Loans by TAB Bank and EasyPay Finance

February 1, 2022

The Rent-to-Own Racket: Using Criminal Courts to Coerce Payments from Vulnerable Families

February 5, 2019

Misaligned Incentives: Why High-Rate Installment Lenders Want Borrowers Who Will Default

July 27, 2016

Deceptive Bargain: The Hidden Time Bomb of Deferred Interest Credit Cards

December 16, 2015

Issue Briefs

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Courts Reject Claims that Payday Loan Apps Don’t Offer Loans

August 26, 2026

Top 10 Reasons Why Recent Trump Administration Efforts to Debank Immigrants Are a Bad Idea

July 24, 2026

High-Cost Rent-a-Bank Loan Watch List

July 21, 2026

What States Can Do: Medical Credit Cards and Other Medical Lending Products

June 29, 2026

Trump Administration Must Deny Enova’s Bid to Make 100% APR Loans In Every State

April 16, 2026

The Affordability Problem of Earned Wage Payday Loans

February 10, 2026

States Can Protect Buy Now, Pay Later Borrowers

February 9, 2026

Selected Government Enforcement Actions Against Earned Wage Payday Lenders

January 8, 2026

Fact Sheet: State Annual Percentage Rate (APR) Caps for $500, $2,000, and $10,000 Installment Loans

December 18, 2025

Testimony

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Testimony Supporting Rhode Island S-2206 on Rent-a-Bank Lending

April 14, 2026

Testimony in Opposition to H.B.5558 and Associated Legislation

March 12, 2026

Written Testimony in Support of Connecticut HB 5127

February 24, 2026

Testimony Supporting Oregon HB 4116 Opting Out of DIDMCA

February 3, 2026

Written Testimony in Support of Maryland Earned Wage Revisions

January 29, 2026

Statement for the Record for Hearing on Fintech Innovations

January 13, 2026

Testimony Opposing Maryland HB 1294 Earned Wage Access

March 21, 2025

Testimony Before Maryland Senate on Amended HB 246: Earned Wage Access and Credit Modernization

March 26, 2024

Testimony in Support of Rhode Island H 7941 Opting Out of DIDCMA

March 25, 2024

Press Releases & News

View All for Press Releases & News
Predatory Lender Enova Drops Bid to Become National Bank

September 15, 2026

CBS News: People are turning to BNPL loans to pay for rent, food and other necessities

September 2, 2026

Broad Coalition Opposes 195% APR Bank Charter for OppFi, Which Seeks to Make Payday Loans in Every State 

July 31, 2026

Congress Ignores Affordability Crisis With Legislation to Supercharge Predatory Lending and Boost Harmful Credit Reporting

June 29, 2026

Illinois Passes Law to Protect Buy Now, Pay Later Borrowers

June 25, 2026

More Than 100 Consumer Advocates From 30 States and D.C. Convene on Capitol Hill for Consumer Advocacy Day

June 1, 2026

Trump Fintech Order Will Promote Predatory Lending, Endanger Consumer Funds

May 20, 2026

Broad Coalition Urges Congress to Oppose Unaffordable 100%+ APR Bank Loans

May 7, 2026

Another 100%+ APR Bank Seeks Trump Administration Approval

April 29, 2026

Amicus Briefs

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Amicus Brief in NAIB v. O’Day

August 25, 2026

Amicus Brief in Burrison v. FloatMe Corp.

July 17, 2026

Amicus Brief in Revell v Grant, LLC

May 6, 2026

Amicus Brief in Vickery v. Empower Finance

April 8, 2026

Amicus Brief in Moss v. Cleo AI, Inc.

March 11, 2026

Amicus Brief: NAIB v. Weiser (10 Circuit, DIDMCA opt out)

September 23, 2024

Opportunity Financial LLC v. the Department of Financial Protection and Innovation for the State of California

April 21, 2022

Amicus Brief Opposing Demurrer in OppFi v. DFPI

March 7, 2022

Amicus Brief in People of the State of California v. FDIC

April 29, 2021

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