Originally appearing in The New York Times on Jan. 12, 2024, Tara Seigel Bernard talks to NCLC’s Abby Shafroth about the new income-driven repayment plan known as SAVE. People enrolled in the program who borrowed $12,000 or less for college and have made at least 10 years of qualifying monthly payments would immediately have any…
Originally appearing in The Messenger on Jan. 11, 2024, Sasha Jones talks to NCLC’s Sarah Bolling Mancini about scams that have begun to proliferate targeting the average investor looking for quick profits, particularly within one sector: house flipping. Recently, those schemes have caught the eye of the Federal Trade Commission and lawsuits — resulting in…
Originally appearing in Money on Jan. 17, 2024, Adam Hardy talks to NCLC’s Carla Sanchez-Adams about the CFPB’s proposed overhaul of overdraft fees that could collectively save Americans an estimated $3.5 billion a year. Carla Sanchez-Adams, a senior attorney at the nonprofit National Consumer Law Center (NCLC), says that overdraft fees typically run about $35…
Advocates praise CFPB proposed rule to stop banks from extracting tens of billions of dollars from financially insecure account holders in the form of overdraft fees.
Read More about CFPB Proposes Rule to Limit Harmful Overdraft Fees
The National Consumer Law Center (NCLC) has awarded its annual Hobbs Fellowship to Andrew Schreder, a second-year student at the University of Michigan Law School.
Read More about NCLC Awards Hobbs Fellowship to University of Michigan Law Student
New guidance addresses inaccurate background check reports and sloppy practices in providing workers and renters with copies of their reports.
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