Boston – Today, National Consumer Law Center advocates applauded the U.S. House of Representatives’ use of the Congressional Review Act to overturn the 2019 Borrower Defense to Repayment rule issued by the U.S. Department of Education last September. “The House correctly recognized that Department of Education’s attempt to prop up for-profit schools that cheat and…
More than 50 Groups, Individuals Urge MA DPU to Investigate Unfair and Deceptive Practices of Competitive Suppliers that Harm Massachusetts Families Boston – On Tuesday, January 14, 2020, National Consumer Law Center attorney Jenifer Bosco testified at a hearing between 1pm and 5pm before the Massachusetts Joint Committee on Telecommunications, Utilities, and Energy that will include…
Washington, D.C.- Late today, the Consumer Financial Protection Bureau (CFPB) announced four members who will serve on the Taskforce on Federal Consumer Financial Law. The Taskforce will examine the existing legal and regulatory environment facing consumers and financial services providers. Lauren Saunders, associate director of the National Consumer Law Center, issues the following statement. “It’s…
FCC must now move aggressively to provide critical relief for consumers Washington, D.C. – Today, the bipartisan Pallone-Thune TRACED Act was signed into law in an important step forward to provide Americans some relief from the plague of robocalls. The final bill, passed overwhelming by the U.S. House last month, includes elements from the bills…
FOR IMMEDIATE RELEASE: December 20, 2019 HELENA, MT — This week, student loan servicer Pennsylvania Higher Education Assistance Agency (PHEAA), also known as FedLoan Servicing, urged the Montana Supreme Court to reject a brief submitted to the court by the Montana Legal Services Association, the National Consumer Law Center, and the Student Borrower Protection Center…
Report: Rampant Errors on Criminal Background Check Reports Are Still Preventing Consumers from Securing Jobs and Housing National Consumer Law Center Urges Federal and State Action to Stop Faulty Criminal Background Check Reports and Hold Background Screening Companies Accountable; FTC/CFPB to Host Accuracy in Consumer Reporting workshop on Tue., Dec. 10 Download the National Consumer…
Boston – The National Consumer Law Center’s (NCLC) strong financial health and commitment to accountability and transparency have earned it a 4-star rating from Charity Navigator, America’s largest independent charity evaluator. This is the third consecutive time that NCLC has earned this top distinction. Only 25% of the charities evaluated have received at least 3…
Read More about The National Consumer Law Center Earns Top Rating From Charity Navigator
Boston – Yesterday, the Federal Reserve Board, Federal Deposit Insurance Corp., Office of the Comptroller of the Currency, Consumer Financial Protection Bureau, and National Credit Union Administration released an Interagency Statement on the Use of Alternative Data in Credit Underwriting. Chi Chi Wu, staff attorney at the National Consumer Law Center, issued the following statement…
Read More about Statement Regarding Bank Regulators’ Guidance on Alternative Data
FOR IMMEDIATE RELEASE: November 22, 2019 National Consumer Law Center Contacts: Jan Kruse ([email protected]) or Persis Yu ([email protected]) or (617) 542-8010 Boston – Advocates at the National Consumer Law Center (NCLC) condemned news that the U.S. Department of Education (Department) is delaying its plans to automatically forgive federal student loan debt for totally and permanently…
OCC Proposes Rent-a-Bank Rule Today; Proposed Rule is on Agenda for FDIC Meeting on Nov. 19 Washington, D.C. – Advocates reacted with outrage to a new proposal from two federal bank regulators that could make it easier for payday and other high-cost lenders to use banks as a fig leaf so that online lenders can…
Read More about FDIC/OCC Proposal Would Encourage Rent-a-Bank High-Cost Predatory Lending
Boston – As Black Friday approaches, the National Consumer Law Center warns holiday shoppers of a lurking danger in the local mall, big box store or online: deferred interest promotions on credit cards. These promotions entice consumers with promises such as “no interest for 12 months” or “0% interest until December 2020,” but there is…
Washington, D.C. – Advocates at the National Consumer Law Center (NCLC) applauded today’s introduction in Congress of a bill to cap interest rates nationwide at 36%, including fees, which NCLC is supporting on behalf of its low-income clients. “It is fitting that as we celebrate Veterans’ Day that we honor our veterans by extending to…
Read More about Advocates Applaud Bill to Cap Interest Rates at 36%
Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!
Donate