“Passing It Down:” An Interview with Shennan Kavanagh, NCLC’s Next Director of Litigation
Earlier this year, NCLC welcomed Shennan Kavanagh as our next Director of Litigation. She is co-leading NCLC’s Litigation Project alongside Stuart Rossman.
Newsroom
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Consumers' Checkbook: Margot Saunders Discusses a New FCC Rule that Requires Phone Companies to Block Some Robotexts
Airing on May 11, 2023, Herb Weisbaum invites Margot Saunders to discuss new Federal Communication Commission rules and what more can be done to protect consumers from unwanted and illegal robocalls and texts. “The FCC needs to identify a way of regulating those texts and limiting the texts that contain those links that have not…
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American Banker: Banks now offer payday-loan alternatives. How many people use them?
Originally appearing in American Banker (subscription) on May 21, 2023, Polo Rocha interviews Lauren Saunders for a look at how several large and regional banks have started offering small-dollar loans to their cash-strapped customers and at how many Americans are using the products. Banks’ small-dollar loan products are a good option as long as they…
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The New York Times: Expect Interest Rates on Federal Student Loans to Rise
Originally appearing in The New York Times on May 19, 2023, Ann Carrns interview Abby Shafroth in a look at how interest rates on new federal student loans are expected to exceed 5 percent for the first time in five years, adding to the pressure on families already struggling to pay for college. While it’s…
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American Banker: State efforts to regulate earned wage access are heating up
Originally appearing in American Banker (by subscription), Miriam Cross interview Lauren Saunders in a look at attempts across state legislatures to regulate earned wage access services. “California is not banning the product, but it is making clear they are loans, that they are generally subject to California financing laws and they must comply with fee…
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The Washington Post: Pick a college bank account as carefully as your college
Appearing in the Washington Post on May 18, 2023, Spencer Tierney of NerdWallet talks to Carla Sanchez-Adams about bank accounts for college students. Carla Sanchez-Adams, senior attorney at the National Consumer Law Center, recommends looking into Bank On certified accounts, which don’t have overdraft or NSF fees. Transactions that would bring an account balance below zero get…
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