- 6/1/17 CBS Evening News (2:01 runtime)- FCC ruling could allow marketing calls to go straight to your voicemail by Anna Werner which includes an interview with NCLC Senior Counsel Margot Saunders arguing that allowing ringless voice mail robocalls without consent and without being able to tell the sender to stop are a bad idea.
- 4/25/17 News 5 Cleveland, OH, Scripps TV, (2:32 runtime) “Leadership behind push to kill consumer protections for prepaid cards agreed to $53M FTC settlement” by Mark Greenblatt quotes Lauren Saunders on the need for prepaid card protections.
- 2/6/17 USA Today "Protect our troops, not Wall Street" op-ed by NCLC Associate Director Lauren Saunders urging President Trump to keep a strong CFPB and its director Rich Cordray.
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(BOSTON) Today, in response to the theft from Experian of the personal data of 15 million T-Mobile customers, consumer and labor groups sent a letter urging the companies to provide free security freezes at all three credit bureaus to customers whose data was stolen.
"We urge all consumers affected by the Experian data hack to consider getting a security freeze for their files at all three credit bureaus (Experian, Equifax and TransUnion)," says National Consumer Law Center attorney Chi Chi Wu. "But it's outrageous that the consumers harmed by this breach should have to pay each credit bureau for a freeze. Security freezes should be free for any consumer whose information is stolen."
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Full analysis of the laws of 50 states and Washington, D.C., plus maps, charts and tables as well as the complete list of recommendations are available at: http://bit.ly/1LXA9mc
(BOSTON) Payday lenders are moving into the installment loan market, and state laws vary greatly in whether they protect borrowers from unaffordable rates on longer term loans, according to a new report from the National Consumer Law Center (NCLC). The report analyzes the strengths and weaknesses of the laws in the 50 states and the District of Columbia that regulate installment loans, including loans structured as credit card cash advances or other open-end lines of credit. "In theory, installment loans can be safer and more affordable than balloon payment payday loans. But states need to be vigilant to prevent the growth of larger and longer predatory loans that can create a debt trap that is impossible to escape," said Carolyn Carter, director of advocacy at the National Consumer Law Center and co-author of Installment Loans: Will States Protect Borrowers from a New Wave of Predatory Lending?.