The suit alleges that Unison lured Massachusetts homeowners into high-cost home equity loans by falsely marketing its product as an interest-free, loan alternative "option contract"
Proposed Policy Would Create Confusion and Reduce Compliance with Antidiscrimination Laws
Read More about FTC AI Proposal Would Increase Bias and Decrease Accuracy
LANSING, Mich. — In a major victory for Michigan consumers, the Michigan Supreme Court today ruled in favor of the Attorney General in Attorney General v Eli Lilly and Co., adopting a narrow interpretation of an exemption in the Michigan Consumer Protection Act (MCPA) and restoring critical protections against unfair, unconscionable, and deceptive business practices.…
Read More about Michigan Supreme Court Restores Critical Consumer Protections in Landmark Decision
120+ Groups Urge FDIC, OCC, and Fed To Deny OppFi’s Request to Acquire BNC Bank
Appearing in The New York Times on July 3, 2026, Ann Carrns talks to NCLC senior attorney Lauren Saunders about how overdraft fees remain stubbornly high at some banks after a rule limiting the charges was scrapped last year. Overall revenue from overdraft and related fees at all banks and credit unions rose to an…
Read More about The New York Times: Why Some Banks Still Charge High Overdraft Fees
Appearing in NBC News on June 28, 2026, Erik Ortiz talks to Kyra Taylor, staff attorney at NCLC about how student loan borrowers are bracing for a major overhaul of the federal lending system. “Is this plan enough of a safety net for American families? I think simplification is a good goal, but it has…
Appearing in NerdWallet on July 1, 2026, Anna Helhoski talks to NCLC Deputy Director and Chief Advocacy Officer Diane Thompson about how the latest changes to the CFPB complaint database are not in consumers’ best interest and may discourage people from submitting complaints. “The Trump administration’s CFPB, at the behest of the credit reporting companies,…
Read More about NerdWallet: It Just Got Harder to Make a Financial Complaint (And Get Relief)
On June 23, 2026, the Supreme Court decided another property tax foreclosure issue in Pung v. Isabella County, 2026 WL 1791309 (U.S. June 23, 2026), just over three years since its groundbreaking decision in Tyler v. Hennepin County, 598 U.S. 631 (2023). Pung addresses the measure of just compensation under the Takings Clause and limits it to the surplus at…
Appearing in The New York Times on July 17, 2026, Ann Carnns talks to Abby Shafroth, managing director of advocacy at the National Consumer Law Center, about how states are stepping in to help graduate students finance their studies now that federal Graduate PLUS loans have been eliminated for new borrowers. Borrowers should carefully review…
This group statement strongly opposes a package of bills (HR 9602-9611) that would provide wrongful cover for the Trump administration efforts to dismantle the Department of Education, including efforts to transfer the federal student loan program to the Treasury Department.
It is unprecedented for a national bank to be associated with 100%+ APR lending.
Read More about Take Action: Urge Denial of OppFi’s 160% APR National Bank
Consumer advocates are sounding the alarm over a wide-ranging proposal from the Office of Management and Budget (OMB) to change how decisions about federal funding are made.
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