Trump Administration Proposal to Gut ECOA Would Resurrect Lending Hurdles for Women, Black People, Veterans, and Native Americans
Proposed Rule Would Decimate Fair Lending Protections and Make Buying a Car or Home Harder
Newsroom
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Digital Library: Tenth Circuit Limits Rent-a-Bank Schemes
Predatory lenders use rent-a-bank schemes to evade state usury limits and charge astronomical rates—100%, 500% and even higher—that are illegal in as many as 45 states. In a classic rent-a-bank scheme, a high-cost lender “rents” a state bank chartered in a state without usury limits for banks and then evades other states’ usury caps by…
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AI Order Seeks to Block States from Protecting People from Big Tech Risks
E.O. Ignores that U.S. Constitution Preserves States’ Role as First Responder WASHINGTON – The executive order President Trump issued yesterday aimed at blocking states from addressing artificial intelligence (AI) risks flies in the face of the critical and constitutional role states have in protecting the public, according to advocates at the National Consumer Law Center. It…
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60+ Civil Rights, Consumer, Labor, Technology Organizations Oppose Legislation Allowing Financial Firms Using AI to Ignore the Law
AI sandbox bill would lead to lending discrimination, consumer harm, and financial instability.
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Proposed Elimination of SAVE Plan Creates Uncertainty, Affordability Concerns for Student Loan Borrowers
Proposed Settlement Terminates Hopes of Loan Forgiveness for Millions and Will Lead to Higher Bills for 7M+ Borrowers WASHINGTON – Today, the U.S. Department of Education announced a proposed settlement that would end the Saving on a Valuable Education (SAVE) Plan, which offered millions of federal student loan borrowers lower monthly payments and a pathway…
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The Hill: The Trump administration takes a wrecking ball to rulemaking
In an op-ed for The Hill that ran on November 26, 2025 by Rebecca B. Bond, former chief of the Disability Rights Section, Civil Rights Division, in the U.S. Department of Justice and Diane Thompson, deputy director and chief advocacy officer at the National Consumer Law Center discuss a dry, technical memo that declared the end of…
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Associated Press: Voters’ anger at high electricity bills and data centers looms over 2026 midterms
Appearing in the Associated Press on November 8, 2025, Marc Levy and Jesse Bedayn talked to Jen Bosco, Managing Director of Energy Advocacy at the National Consumer Law Center about how voter anger over the cost of living is hurtling forward into next year’s midterm elections, when pivotal contests will be decided by communities that…
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American Banker: Ruling on high-cost loans has nationwide implications
Appearing in American Banker on November 11, 2025, Kevin Wack talks to NCLC Associate Director and Director of Federal Advocacy Lauren Saunders about a federal appeals courts finding that Colorado has the authority to apply its own interest rate caps to state-chartered banks from the other 49 states when they make loans to Coloradans. The decision…
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CNBC: This factor can be a ‘kiss of death’ on your credit report, says consumer advocate
Appearing in CNBC on November 4, 2025, Ryan Ermey talks to Chi Chi Wu, Director of Consumer Reporting and Data Advocacy at the National Consumer Law Center about how rent payments have become a consideration on a growing number of American credit reports. Wu warns that for certain renters, the risk of reporting a missed…
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The Boston Globe: As Americans tighten their belts, more and more are falling behind on their car payments
Appearing in the Boston Globe on November 4, 2025, Camilo Fonseca interviews NCLC Senior Attorney John Van Alst for coverage of how for many Americans, buying and owning a car has become harder than it’s been in decades. And buyers are taking on larger loans than ever before. “The trends are ‘very alarming, particularly for…
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FTC Orders Greystar to Return $24 Million in Rental Housing Junk Fees to Harmed Tenants
Amid Affordability Crisis, Nation’s Largest Property Management Company Accused of Obscuring True Cost of Monthly Rent and Fees
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Class Action Filed Against Aramark to Halt Illegal Scheme to Profit off Prison Food
“Food is a uniquely powerful tool, and Aramark is using it to exploit a captive consumer market."
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