Before Approving 100% APR Banks, Fed Must Hold Public Hearings
Unprecedented Bids Could Create the First National Banks Dedicated to Predatory Lending
Read More about Before Approving 100% APR Banks, Fed Must Hold Public Hearings
Newsroom
-
-
VA Must Pause Foreclosures Until New Mortgage Assistance Program Is Accessible
The new Partial Claim Program will allow some Veterans struggling to pay their mortgages to defer past-due payments to the end of their loans.
Read More about VA Must Pause Foreclosures Until New Mortgage Assistance Program Is Accessible
-
The New York Times: More Renters Are Using Tools to Skip Security Deposits, but There’s a Catch
Appearing in The New York Times on June 5, 2026, Ann Carrns talks to NCLC’s April Kuehnhoff for coverage of NCLC’s report examining financial technology firms that are promoting alternative tools to manage security deposits. Millions of renters use the services. “They’re quite widespread,” said April Kuehnhoff, a senior lawyer at the center and an…
-
Trump Administration Ramps Up Efforts to Debank Immigrants
New CFPB Advisory Telling Banks To Consider Immigration Status Does Not Create a New Legal Requirement
Read More about Trump Administration Ramps Up Efforts to Debank Immigrants
-
More Than 100 Consumer Advocates From 30 States and D.C. Convene on Capitol Hill for Consumer Advocacy Day
By engaging directly with congressional offices, advocates aim to ensure that consumer interests remain at the center of policy discussions.
-
Home Equity Investment Loans: Subprime Balloon Mortgages Coming to a Neighborhood Near You
Homeowners in the U.S. hold around $34 trillion in home equity. In a new article for New America’s Rooftop Blog, Alys Cohen, Director of Federal Housing Advocacy and Acting Co-Director of Federal Advocacy, notes that many plan to use this equity, the single largest source of family wealth, to fund retirement, pay for long-term care,…
-
Overdraft and NSF Fees Rise Above $12 Billion
With Federal Protections Rolled Back, States Can Take Action as Banks Increasingly Charge Struggling Families Overdraft Fees
Read More about Overdraft and NSF Fees Rise Above $12 Billion
-
Digital Library: Implications of the Latest Supreme Court Arbitration Case
On May 14, 2026, the Supreme Court decided yet another arbitration issue in Jules v. Andre Balazs Properties, 2026 WL 1336216 (U.S. May 14, 2026). The decision finds federal jurisdiction to vacate, modify, or confirm an arbitration award for a case that was initially brought under federal question jurisdiction and was stayed after compelling arbitration. But related Supreme Court…
Read More about Digital Library: Implications of the Latest Supreme Court Arbitration Case
-
The New York Times: Student Loan Repayments Are Being Overhauled. What Borrowers Should Know
Appearing in The New York Times on May 25, 2026, Tara Siegel Bernard talks to Abby Shafroth, managing director of advocacy at NCLC about how, dtarting July 1, millions of borrowers will need to choose from a new menu of repayment options as the Trump administration enacts major changes to the student loan system. “It…
-
Payments Dive: Trump should nix high-cost loans
In an op-ed appearing in Payments Dive on May 28, 2026, NCLC Senior Attorney Lauren Saunders explains that if the president wants to provide people relief from high-interest debt, he should lead a crackdown against high-cost credit schemes. If Trump-appointed regulators approve Enova’s and OppFi’s applications to purchase small national banks, both could charge 100% APRs, or…
Read More about Payments Dive: Trump should nix high-cost loans
-
Vermont Governor Signs Bill to Address Coerced Debt
New Law Will Protect Survivors of Domestic Violence, Older Adults from Impacts of Economic Abuse
Read More about Vermont Governor Signs Bill to Address Coerced Debt
-
Security Deposit Alternative Products are Hurting Tenant Financial Security
New NCLC Report Reveals Hidden Risks and Costs of Predatory PropTech Products
Read More about Security Deposit Alternative Products are Hurting Tenant Financial Security
Support NCLC
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate