FOR IMMEDIATE RELEASE: December 15, 2020 Press Contacts Center for Responsible Lending: Matthew Kravitz, matthew.kravitz@responsiblelending.org National Consumer Law Center: Jan Kruse, jkruse@nclc.org FDIC rule makes it easier for lenders to exploit more financially vulnerable families WASHINGTON, D.C. – Today, the Federal Deposit Insurance Corporation (FDIC) approved a new final rule to facilitate chartering additional under-regulated [...]

FOR IMMEDIATE RELEASE: December 10, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org Washington, D.C. - Today, the Consumer Financial Protection Bureau (CFPB or Bureau) released two final rules revising the standards for determining a borrower’s ability to repay a mortgage and further limiting lender liability despite the lessons of the previous financial crisis, [...]

FOR IMMEDIATE RELEASE: Dec. 7, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. – Tomorrow, the U.S. Supreme Court is scheduled to hear oral arguments in Facebook v Duguid. The Court’s decision, expected by next spring, could either uphold Americans’ right to stop unwanted robocalls and robotexts to their cell phones or render [...]

FOR IMMEDIATE RELEASE: November 23, 2020 Press contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Center for Responsible Lending: Vincenza Previte (previte@responsiblelending.org) WASHINGTON, D.C. – Today, the Center for Responsible Lending (CRL) and the National Consumer Law Center (NCLC) released a policy report illustrating a path out of the student debt crisis and proposing solutions [...]

FOR IMMEDIATE RELEASE: October 30, 2020 One-Third of U.S. Adults with a Credit Report Have Debt in Collection Washington, D.C. - The National Consumer Law Center, on behalf of its low income clients, Americans for Financial Reform Education Fund, Center for Responsible Lending, Consumer Federation of America, and the National Association of Consumer Advocates, expressed [...]

FOR IMMEDIATE RELEASE: OCTOBER 29, 2020 National Consumer Law Center Contacts: Jan Kruse (jkruse@nclc.org) or Carolyn Carter (ccarter@nclc.org) Download the full report, state maps and state-specific information: https://www.nclc.org/issues/report-still-no-fresh-start.html Boston – As millions of families suffer job loss or struggle to pay bills during COVID-19, states have an important role in protecting them from seizure of essential wages [...]

FOR IMMEDIATE RELEASE: October 27, 2020 Press Contacts:  Jan Kruse (National Consumer Law Center ): jkruse@nclc.org or Lauren Saunders (lsaunders@nclc.org) Carter Dougherty (AFREF) carter@ourfinancialsecurity.org Rule that evades state interest rate laws will severely impact low-income and communities of color WASHINGTON, D.C. – The regulator of the nation’s largest banks has finalized a rule that allows [...]

FOR IMMEDIATE RELEASE: October 26, 2020 National Consumer Law Center contacts: Margot Saunders (msaunders@nclc.org) or Jan Kruse (jkruse@nclc.org) Consumer Reports: David Butler (david.butler@consumer.org) Consumer Federation of America: Susan Grant (sgrant@consumerfed.org) National Consumer Law Center, Consumer Federation of America, and Consumer Reports submit amicus in Duguid v. Facebook WASHINGTON, D.C. — Unwanted robocalls invade the privacy [...]

FOR IMMEDIATE RELEASE: October 26, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org), Chi Chi Wu (cwu@nclc.org), Ariel Nelson (anelson@nclc.org) or Sarah Bolling Mancini (smancini@nclc.org) Washington, D.C. - Today marks the fiftieth anniversary of passage of the Fair Credit Reporting Act (FCRA). The following is the statement of National Consumer Law Center attorneys Chi [...]

FOR IMMEDIATE RELEASE October 8, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Andrea Bopp Stark (astark@nclc.org) DOWNLOAD the report: http://bit.ly/New-Beginning-CJ-Bankruptcy-Debt Boston - A major barrier that keeps people in the United States from successfully reentering society long after an encounter with the criminal justice system is the burden of paying fines and [...]