Newsroom

Statement Regarding Support of Bills to Relieve Student Loan Debt

July 23, 2019

FOR IMMEDIATE RELEASE: July 23, 2019 Boston – Today marks the introduction of the second of two bills designed to help Americans burdened with student loan debt. Today, U.S. Senator Warren and Representative Clyburn introduced the Student Loan Debt Relief Act. Last month, the Student Debt Cancellation Act was introduced by US. Senator Sanders (S.1947)…

Statement Regarding Settlement with Equifax over its 2017 Data Breach

July 22, 2019

FOR IMMEDIATE RELEASE: July 22, 2019 Boston – Today, class action attorneys, federal regulators (Federal Trade Commission and Consumer Financial Protection Bureau (CFPB), and state Attorneys General reached a settlement with Equifax regarding its data breach that affected 147 million consumers. The final settlement includes a $175 million civil penalty to states, $100 million civil…

Federal Government Strips Legal Rights of Older Consumers in Nursing Homes

July 17, 2019

FOR IMMEDIATE RELEASE: July 17, 2019 Washington – Late yesterday, the U.S. Center for Medicare & Medicaid Services (CMS) released its final nursing home arbitration rule, allowing nursing homes to force residents into arbitration and depriving them of access to the courts in case of a dispute. In 2017, National Consumer Law Center and dozens of other…

Bipartisan House Bill Moves Forward in the Fight to Stop Unwanted Robocalls

July 17, 2019

FOR IMMEDIATE RELEASE: JULY 17, 2019 Washington, D.C. – Today, the U.S. House Committee on Energy and Commerce passed unanimously (48-0) the Stopping Bad Robocalls Act (HR 3375). The bipartisan bill was introduced in June by Rep. Frank Pallone (D-NJ) and Rep. Greg Walden (R-OR), chair and ranking member, respectively, of the U.S. House Committee on Energy and…

Statement Regarding CFPB Settlement with Nation’s Largest Debt Relief Company

July 9, 2019

FOR IMMEDIATE RELEASE: July 9, 2019 Washington, D.C. – Today, the Consumer Financial Protection Bureau (CFPB) announced the settlement of a lawsuit it had brought against Freedom Debt Relief, the nation’s largest debt settlement company. According to the CFPB, the company agreed to pay $20 million in restitution to affected consumers and a $5 million…

Consumer, Civil Rights Advocates to CFPB: Don’t Water Down Overdraft Fee “Opt In” Rule

July 2, 2019

FOR IMMEDIATE RELEASE: July 2, 2019 “More, not less, comprehensive reform of unfair and abusive overdraft fee practices is badly needed.” “Overdraft fees are unfair, deceptive, harmful, and outrageously high—and they hit consumers of color the hardest” WASHINGTON, D.C. – The Center for Responsible Lending (CRL), National Consumer Law Center (on behalf of its low-income…

Will Student Loan Borrowers in Income-Driven Repayment Get the Loan Forgiveness They’ve Been Promised?

July 1, 2019

FOR IMMEDIATE RELEASE: JULY 1, 2019 National Consumer Law Center Files FOIA to Find out on 25th Anniversary of Borrowers Participating in Income-Driven Repayment Plans Download NCLC’s FOIA request at: http://bit.ly/foia-ann Boston — On July 1, 1994, the U.S. Education Department launched its first Income-Driven Repayment Plan, designed to allow student loan borrowers to keep…

Bipartisan House Bill is a Significant Step Forward in the Fight to Stop Unwanted Robocalls

June 20, 2019

FOR IMMEDIATE RELEASE: JUNE 20, 2019 Washington, D.C. – Today, the Stopping Bad Robocalls Act was introduced in the U.S. House of Representatives by Rep. Frank Pallone (D-NJ) and Rep. Greg Walden (R-OR), chair and ranking member, respectively, of the U.S. House Committee on Energy and Commerce. The bill is also sponsored by Rep. Mike…

Nearly 50 Organizations Oppose FCC Proposed Cap on Universal Service Fund

June 11, 2019

FOR IMMEDIATE RELEASE: June 11, 2019 Washington, D.C.- The parties listed below make the following joint statement regarding the Notice of Proposed Rulemaking (NPRM) issued by the Federal Communications Commission proposing to place a cap on the federal Universal Service Fund (USF): “When Congress codified the concept of universal service by enacting the Telecommunications Act…

Consumer and Civil Rights Groups Send Letters to FDIC, OCC, and Fed Urging them to Prevent Bank Payday Loans

June 11, 2019

FOR IMMEDIATE RELEASE: June 11, 2019 Letters come after news that regulators pursuing joint small-dollar policy; Growing concern that several Administration appointees may be giving green light for predatory loans WASHINGTON, D.C. – Today, the National Consumer Law Center (NCLC) joined a coalition of national civil rights and consumer groups in writing to top banking…

National Consumer Law Center Attorney to Testify on June 11 before U.S. House Oversight Committee on Student Loan Servicing

June 10, 2019

FOR IMMEDIATE RELEASE: JUNE 10, 2019 Joanna K. Darcus’s full testimony will be available by 10am ET on June 11 at: http://bit.ly/nclc-test-loan-serv Washington, D.C.- National Consumer Law Center attorney Joanna K. Darcus will testify on Tuesday, June 11 at 10am E.T. before the U.S. House Financial Services Committee’s Oversight and Investigations Subcommittee at a hearing…

FCC Approves Phone Companies Proactively Blocking Robocalls

June 6, 2019

FOR IMMEDIATE RELEASE: June 6, 2019 National Consumer Law Center Senior Attorney Margot Saunders issues statement on FCC proposal calling it “a meaningful first step, but not a magic bullet.” WASHINGTON, D.C.–Today, the FCC unanimously approved a proposal to grant phone service providers the authority to proactively block robocalls that its analysis determines are automated…

Newsroom

Support NCLC