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U.S. Department of Education’s Action on Discharges for Borrowers with Total and Permanent Disabilities Falls Short

March 29, 2021

FOR IMMEDIATE RELEASE: March 29, 2021 Boston – Today, the U.S. Department of Education announced that it is temporarily easing paperwork requirements and cancelling the loans of 41,000 federal student loan borrowers whose disability discharges were revoked and loans were reinstated due to paperwork issues during the pandemic. A 2016 U.S. Government Accountability Office study…

Congress Introduces Resolution to Rescind OCC’s “Fake Lender” Rule, Which Protects Predatory Lenders’ Evasions of State Interest Rate Limits

March 25, 2021

FOR IMMEDIATE RELEASE: March 25, 2021 325+ groups representing all 50 states and the District of Columbia called for Congress to support a resolution to overturn a rule that helps triple-digit interest rate loans evade state and voter-approved interest rate caps and spread across the country WASHINGTON, D.C. – Advocates at the National Consumer Law…

The National Consumer Law Center Stands with the Asian American Pacific Islander Community and Condemns the Hate-Fueled Violence in Atlanta

March 23, 2021

The National Consumer Law Center stands in solidarity with the Asian American Pacific Islander community in condemning last week’s hate-fueled violence in Atlanta and offers our condolences to the families and loved ones of the eight people killed. The murder of eight people, including six Asian women, comes after a sharp increase in bigotry, harassment,…

Days Before Crucial Deadline, the National Consumer Law Center Joins Over 325 Groups Calling for Congress to Rescind “Fake Lender” Rule that Facilitates Predatory Loan Schemes

March 22, 2021

FOR IMMEDIATE RELEASE: March 22, 2021 Only a majority vote in Congress would be needed to overturn rule that helps triple-digit interest rate loans evade state and voter-approved interest rate caps and spread across the country Link to coalition letter: http://bit.ly/CRA-fake-lender WASHINGTON, D.C. – With just a few days left before a crucial deadline, a…

Advocates Applaud Passage of $1.9 Trillion COVID-19 Economic Stimulus to Help Americans but Congress Must Ensure EIPs Feed Families, Not Debt Collectors

March 10, 2021

FOR IMMEDIATE RELEASE: MARCH 10, 2021 Washington, D.C. – Advocates at the National Consumer Law Center praised Congress for passing the $1.9 trillion American Rescue Plan Act of 2021 to help struggling families. But they noted that more needs to be done, especially to address the immediate risk, if Congress does not act quickly, that…

19 Financial Services and Consumer Groups Urge Congress to Exempt Economic Impact Payments from Garnishment

March 10, 2021

FOR IMMEDIATE RELEASE: March 10, 2021 Congress should protect the third-round of economic impact payments from garnishment so families that need the financial relief can access funds without delay Washington, D.C. – In a joint letter sent to Congress yesterday, 19 consumer and financial industry organizations urged lawmakers to protect the third round of economic…

New Government Data Exposes Complete Failure of Education Department’s Income-Driven Repayment Program

March 8, 2021

FOR IMMEDIATE RELEASE: March 8, 2021 Just 32 Students Have Received Promised Debt Cancellation as 2 Million Remain Trapped in Decades-Old Debts; Advocates Call for Immediate Action to Deliver Debt Relief and Overhaul the Department’s Program Washington, D.C. – Approximately two million student loan borrowers are currently trapped in undergraduate debts more than two decades…

Report: What States Can Do to Save Lives and Protect Seriously Ill Residents from Utility Shut-Offs

February 24, 2021

FOR IMMEDIATE RELEASE: FEBRUARY 24, 2021 Download the report and appendices, including each state’s rules and recommendations for crafting a strong rule at: http://bit.ly/ill-consumer-utility Boston – In each of the 50 states and in D.C., utility commissions set the rules regarding when and how the companies they regulate can terminate vital electric and gas service…

COVID-Driven Utility Debt Fuels a Looming Crisis in Shut-offs in Massachusetts and the Nation

February 16, 2021

FOR IMMEDIATE RELEASE: February 16, 2021 National Consumer Law Center Analysis Finds Huge Increase in Number of Small Business and Residential Customers at Risk of Termination Download the report at: http://bit.ly/covid-util-arrearages Boston – The COVID-19 crisis put millions of Americans in financial peril, hitting households of color particularly hard. In response, moratoriums on utility shut…

Report: Vulnerable Taxpayers Can Expect Higher Costs for Tax Preparation Services During the COVID Economic Crisis; Missing Stimulus Payments Can Be Claimed through Tax Returns

February 11, 2021

FOR IMMEDIATE RELEASE: February 11, 2021 Download the report at: http://bit.ly/2021-tax-season Boston ― Tax season kicks off on February 12, several weeks later than usual. Today, the National Consumer Law Center (NCLC) issued its annual advisory on taxpayer consumer protection issues and warned that consumers need to be on guard as they navigate the tax…

Advocates Applaud Bill to Restore Access to the Courts and End Forced Arbitration

February 11, 2021

FOR IMMEDIATE RELEASE: February 11, 2021 Livestream the House Judiciary hearing on Forced Arbitration on Feb. 11 at 10am here. Washington, D.C. – Robinhood may be able to thwart access to the courts for customers harmed in the recent GameStop incident. By inserting a “forced arbitration” clause in its contract, Robinhood took away a right…

Advocates Applaud Senate Bill Fund to Help Millions of Families Keep Their Homes; Urge Inclusion In COVID Stimulus Bill

February 5, 2021

FOR IMMEDIATE RELEASE: FEBRUARY 5, 2021 Housing and Civil Rights Groups Call for Homeowner Assistance Fund to Avoid New Wave of Foreclosures and Devastating Effects for Communities of Color Today, leading housing and civil rights groups applauded Senator Jack Reed’s reintroduction of the Homeowner Assistance Fund bill as Congress and the Biden administration consider the…

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