Advocates Support CFPB Commitment to Closing Accountability Loopholes for Data Brokers Selling Dossiers on Americans in Secret
CFPB to use its rulemaking authority under the Fair Credit Reporting Act to address rampant harm caused by data brokers.
CFPB to use its rulemaking authority under the Fair Credit Reporting Act to address rampant harm caused by data brokers.
Massachusetts is poised to become the third state this year and fifth state overall to make prison calls free.
In an editorial appearing in The Messenger on August 8, 2023, Dr. Peter Kahn and Charlie Harak discuss utility shut-off protections for medically vulnerable customers and older adults, for whom access to electricity can be a matter of a life and death.
Originally appearing in ProPublica on August 2, 2023, Anjeanette Damon and Byard Duncan quote Sarah Bolling Mancini in a look at how few jurisdictions have laws or regulations to protect homeowners from aggressive real estate tactics. In particular, homeowners who have never publicly listed their houses for sale should be allowed a quick way out…
Originally appearing in NBC News on August 4, 2023, Gretchen Morgenson looks at public complaints reporting mysterious accounts being opened in customers names at Wells Fargo and quotes Carla Sanchez-Adams. “If financial institutions are not vetting customers’ identities thoroughly enough or as required under bank secrecy and anti-money laundering laws, then they shouldn’t be opening the…
Read More about NBC News: Phony bank accounts resurface at Wells Fargo, with a twist
Originally appearing in The New York Times on August 1, 2023, Matthew Goldstein covers rent-to-own company Divvy Homes and quotes Sarah Bolling Mancini with references to recent testimony before the U.S. Senate Banking Committee. Divvy’s roughly 50 percent success rate might be better than that of many smaller rent-to-own firms, but that isn’t good enough.…
If you go to work every day, why don’t you get your paycheck immediately? Chana Schoenberger and Kate Fitzgerald at American Banker’s Bankshot podcast look at a new type of payday advance that sprung up in recent years known as earned wage access and talk to NCLC’s Lauren Saunders about who benefits and how when…
Read More about Bankshot: Lauren Saunders Discusses Earned Wage Access. Early Payday or Payday Loan?
WASHINGTON – A new study confirms that Americans are unaware of how often and to what extent they are stripped of their fundamental rights through prevalent forced arbitration clauses, which are found in the fine print of everyday click-through agreements, terms and conditions and other contracts. Consumers’ lack of understanding points to the need for…
Read More about Study: 99% of Consumers Unaware they are Subject to Forced Arbitration
Effective July 20, 2023, the FCC has placed strict new limits on the number of prerecorded collection calls that a debt collector can send to a consumer’s landline. Importantly, consumers have powerful remedies for violations (statutory damages of $500 to $1500 per call), because the new FCC rule is promulgated under the Telephone Consumer Protection…
Originally appearing in Los Angeles Times/ De Los on July 19, 2023, Alejandra Molina looks at a new Brookings Metro report that examines the underlying causes of the wealth gap between Latino and white families and cites John Van Alst‘s report: Time to Stop Racing Cars: The Role of Race and Ethnicity in Buying and Using…
Read More about Los Angeles Times: Why all Latino wealth is not equal
Originally appearing in NPR on July 19, 2023, Jennifer Ludden covers the Biden administration’s blueprint for a Renters Bill of Rights and the response of three major rental platforms that will start showing extra monthly fees that can surprise tenants. Ludden cites NCLC’s Too Damn High: New Report Examines Role of Junk Fees in Skyrocketing…
Originally appearing in USA Today on July 19, 2023, Terry Collins discusses Operation Stop Scam Calls, a new campaign intended to make it harder for fraudsters accused of scamming millions of Americans in robocall and telemarketing schemes to contact everyday Americans. The article references NCLC and the Electronic Privacy Information Center’s (EPIC) report, Scam Robocalls:…
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