FOR IMMEDIATE RELEASE: JULY 28, 2020 Contacts:  Americans for Financial Reform: Diop Harris (diop@ourfinancialsecurity.org) or Linda Jun (linda@ourfinancialsecurity.org) National Consumer Law Center: Jan Kruse (jkruse@nclc.org) or Alys Cohen (acohen@nclc.org) Washington, D.C. – More than 50 consumer, civil rights, community, housing, and other public interest organizations sent a letter today to U.S. Senate leadership urging inclusion [...]

FOR IMMEDIATE RELEASE: JULY 27, 2020 CONTACTS: Jan Kruse (jkruse@nclc.org) or Persis Yu (pyu@nclc.org) New Republican Stimulus Bill Fails 43 Million Student Loan Borrowers Statement of Persis Yu, director of NCLC’s Student Loan Borrowers Assistance Project, in response to the COVID-19 stimulus package proposed by Senate Republicans today. “As Senator Lamar Alexander (R-Tenn.) correctly stated [...]

FOR IMMEDIATE RELEASE: JULY 27, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Alys Cohen (acohen@nclc.org) Washington, D.C. - Today, the National Consumer Law Center (NCLC) and 13 other organizations sent a comment letter to the Consumer Financial Protection Bureau (CFPB) urging it not to revamp the rules governing the residential mortgage market—a [...]

FOR IMMEDIATE RELEASE: July 24, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Margot Saunders (msaunders@nclc.org)  Advocates seek review of the Declaratory Ruling issued by the Consumer and Governmental Affairs Bureau, which blesses P2P texting platforms invented to evade consumer protections WASHINGTON, D.C. – Consumer groups, led by the National Consumer Law Center [...]

FOR IMMEDIATE RELEASE: July 23, 2020 Media contacts: Jan Kruse (jkruse@nclc.org) or Odette Williamson (owilliamson@nclc.org) Fair housing advocates denounce Trump’s newest effort to eliminate a critical tool to desegregate communities and call on the president to instead concentrate on ensuring housing equity during a pandemic Washington, D.C.- Today, a coalition of civil rights, affordable housing [...]

FOR IMMEDIATE RELEASE: JULY 20, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. - Today, the Office of the Comptroller of the Currency (OCC) issued a proposed rule that overturns the “true lender” rule that courts have used since the early 1800s to prevent evasions of state usury [...]

FOR IMMEDIATE RELEASE: JULY 15, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Alys Cohen (acohen@nclc.org) Full testimony is available at: https://bit.ly/oversight-svcrs-cares Washington, D.C. – On Thursday, July 16 at 12pm ET, National Consumer Law Center attorney Alys Cohen will testify virtually at the U.S. House Financial Services Oversight Subcommittee hearing: Protecting Homeowners [...]

FOR IMMEDIATE RELEASE: JULY 15, 2020 National Consumer Law Center contacts: Persis Yu (pyu@nclc.org) or Jan Kruse (jkruse@nclc.org) Congress Must Act to Stop Snatching of Earned Income Tax Credits Boston – This Tax Day, the National Consumer Law Center (NCLC) has released Voices of Despair: How Seizing the EITC Is Leaving Student Loan Borrowers Homeless [...]

FOR IMMEDIATE RELEASE: July 9, 2020 The following organizations have made this important information available in Spanish, Korean, Chinese, Vietnamese, Bangla, and English: AFR Language Access Task Force, Americans for Financial Reform Education Fund, Center for Responsible Lending, Consumer Action, Empire Justice Center, National CAPACD, National Consumer Law Center, National Fair Housing Alliance, and UnidosUS. [...]

FOR IMMEDIATE RELEASE: July 7, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. - Today, the Consumer Financial Protection Bureau (CFPB) released its final rule gutting the protections against unaffordable payday loans. The previous payday loan rule, issued under former CFPB director Richard Cordray in October 2017, limited [...]