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Legislation to Reduce Property Tax Foreclosures Clears Budget Hurdle

July 22, 2024

Final Conference Committee budget includes measures to protect homeowners, providing affordable payment plans and reduced interest rates on past due balances BOSTON — On Friday, Massachusetts lawmakers took a huge step forward for low-income and vulnerable homeowners, approving a measure that reduces Bay Stater’s risk of losing their homes to property tax foreclosure. Homeowners in…

CNBC: CFPB cracks down on popular paycheck advance programs. Here’s what that means for workers

July 19, 2024

Appearing in CNBC on July 19, 2024, Greg Iacurci interviews Lauren Saunders for coverage of new rules to cover workplace payday loans. If finalized, the rule would allow the CFPB to bring enforcement actions against companies that don’t make the appropriate disclosures, for example, said Lauren Saunders, associate director of the National Consumer Law Center.…

Digital Library: Consumer Litigation Guide to Supreme Court Rejection of Chevron

July 18, 2024

This article focuses on the implications of recent decisions for consumer attorneys bringing claims relying on federal agency rules and agency interpretations of federal consumer laws.

CFPB Halts Worker Payday Loan Evasions

July 18, 2024

Advocates applauded the proposed interpretative rule released today by the Consumer Financial Protection Bureau (CFPB) to address evasions by fintech payday lenders that hide the cost of 300% annual percentage rate (APR) loans and evade state rate caps.

New Report Calls for Utility Protections Amid Extreme Heat

July 16, 2024

A new report from the National Consumer Law Center examines the impacts of extreme heat on utility consumers and recommends immediate actions.

Support the CFPB's Medical Debt Credit Reporting Ban Proposal

July 10, 2024

In June, the Consumer Financial Protection Bureau (CFPB) issued its landmark proposal to prohibit medical debt from appearing on credit reports, providing a huge relief for the millions of people who’ve been severely harmed by this practice. But the CFPB needs our support to get the proposed rule over the finish line. Debt collectors, credit bureaus, and other industries are…

CFPB Proposed Rule Requiring Language Access in Mortgage Servicing Will Help Homeowners Avoid Foreclosure

July 11, 2024

The CFPB's proposed rules would ensure that borrowers with limited English proficiency (LEP) have a meaningful opportunity to seek assistance from their mortgage companies in times of distress, helping them stay in their homes.

CommonWealth Beacon: It's time to talk about what decarbonization will cost

July 8, 2024

Appearing in CommonWealth Beacon on July 8, 2024, an op-ed by Charlie Harak, senior attorney at NCLC and Kyle Murray, director of state program implementation at the Acadia Center, explores the cost of decarbonization to the Commonwealth of Massachusetts and the funding sources necessary to achieve shared climate goals. “Much is being done to drive…

CNN: What’s next for student loan borrowers as Biden’s repayment plan faces legal battles

July 1, 2024

Appearing in CNN on July 1, 2024, Katie Lobosco interviews Abby Shafroth, co-director of advocacy at NCLC, for coverage of a federal appeals court ruling allowing the Department of Education to proceed with lowering millions of student loan borrowers’ monthly payments via the repayment plan known as SAVE (Saving on a Valuable Education), which was blocked…

American Banker: 'I'm left with nothing': Life inside the Synapse collapse

June 24, 2024

Appearing in American Banker on June 24, 2024, Claire Williams interviews NCLC senior attorney Carla Sanchez-Adams for coverage of the impact of the Synapse collapse. The FDIC — which is adept at stabilizing customer accounts when a bank fails — can’t swoop in because no bank has failed. And the FDIC has tried to crack…

CNET: How Budget Billing Makes Your Utility Bills Predictable

June 14, 2024

Appearing in CNET on June 14, 2024, Faith Foushee interviews NCLC senior attorney Jenifer Bosco for coverage of options provided by utilities to help consumers avoid the dramatic seasonal peaks in bills. “Like with any utility bills, if you don’t pay, you could get disconnected and have your electricity shut off. Budget billing does not…

NPR: After being scammed, one woman tries to get her money back

July 4, 2024

Originally airing on NPR Morning Edition on July 4, 2024, Alex Horowitz-Ghazi interviews Carla Sanchez-Adams for a story covering the limited options available to consumers impacted by bank and payment account fraud. “Banks in the U.S. are legally required to help make their customers whole in the case of many unauthorized electronic transfers. But then…

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