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Statement of National Consumer Law Center Staff Attorney Olivia Wein Regarding FCC Proposal to Cap Critical Universal Service Fund Programs

March 28, 2019

FOR IMMEDIATE RELEASE: March 28, 2019 (Washington) The Federal Communications Commission (FCC) has proposed to cap the Universal Service Fund programs, which provide essential funding for affordable telecommunications services for low-income households and supports affordable broadband in rural areas, and for schools, libraries and rural healthcare facilities. Following is a statement from National Consumer Law…

New Report Documents Growing Problem of Consumer Abuses Perpetuated by Companies Profiting from Mass Incarceration

March 20, 2019

National Consumer Law Center Recommends Reforms to Mitigate Harms to Families by Private Corporations Administering Our Criminal Legal System For Immediate Release: March 20, 2019 Download the full report, including an analysis of harms, a sector-by-sector overview, graphic on the Private Criminal Legal System Cycle, and complete list of policy recommendations at: http://bit.ly/2W7zq9E Boston –…

President’s Proposed Budget: Poor Vision for Low-Income and Older Consumers

March 18, 2019

FOR IMMEDIATE RELEASE: MARCH 18, 2019 Trump calls for elimination of Legal Services Corp and home energy assistance; supports cuts and changes to weaken the Consumer Financial Protection Bureau and Social Safety Net for Older Adults Washington – President Trump’s proposed budget once again seeks to eliminate funding for programs that have bipartisan support that help rural families, elders, struggling…

New Report Examines the Benefits and Potential Risks of Fintech Products for Consumers

March 11, 2019

FOR IMMEDIATE RELEASE: March 11, 2019 National Consumer Law Center Urges Regulators and Policymakers to Maintain Consumer Protections and Proceed with Caution Download the report at: http://bit.ly/2Tx9BmG Washington – The use of technology in financial products and services (fintech) is resulting in a wide array of new approaches to financial products and services. A new…

New Report Tackles Energy System Inequities, Opportunities During the Clean Energy Transition

March 5, 2019

FOR IMMEDIATE RELEASE: March 5, 2019 Despite using the least energy, households with the least means are shouldering the greatest energy burdens WASHINGTON ― A new report, “Reversing Energy Systems Inequity: Urgency and Opportunity During the Clean Energy Transition,” examines fundamental inequities of our current energy landscape, which can lead to dangerous repercussions, and the…

Advocates Applaud CFPB’s Intention to Deal with PACE Loan Program Abuses

March 4, 2019

FOR IMMEDIATE RELEASE: March 4, 2019 Consumer Advocates Urge Strong Consumer Protections for Borrowers of Property Assessed Clean Energy (PACE) Loans WASHINGTON– Today, advocates at the National Consumer Law Center applauded the Consumer Financial Protection Bureau (CFPB) for taking its first step in initiating a rulemaking to curtail consumer abuses in the PACE loan program and…

Liberty Bank, the Connecticut Fair Housing Center, Inc. And NCLC Announce Agreement to Settle Fair Housing Act Lawsuit

March 4, 2019

FOR IMMEDIATE RELEASE: March 4, 2019 BOSTON– Liberty Bank, the Connecticut Fair Housing Center, Inc. (“Center”) and the Center’s co-counsel, the National Consumer Law Center, jointly announced today a comprehensive plan to promote homeownership and enhance access to credit in underserved communities. The Center and Liberty have agreed to an innovative residential lending strategy that…

Report: Despite Efforts by Regulators, Credit Bureaus Still Need Serious Reform; Consumer Complaints Skyrocket and Errors Not Fixed

February 25, 2019

FOR IMMEDIATE RELEASE: February 25, 2019 National Consumer Law Center Attorney Chi Chi Wu to Testify on February 26 at U.S. House Hearing: Holding Credit Bureaus Accountable and Repairing a Broken System Download the report at: https://bit.ly/ajustre Wu’s testimony will be available to download on or before Feb. 26 at 8am ET at: http://bit.ly/fcr-score Boston…

New Report Highlights How the Rent to Own Industry Coerces Payments from Vulnerable Families

February 21, 2019

National Consumer Law Center’s 50-State Review of Laws Used to Pursue Criminal Charges against Rent to Own Customers For Immediate Release: February 21, 2019 Download the full report, including an analysis of rental theft laws of 50 states and Washington, D.C., and complete list of policy recommendations at https://bit.ly/rto-racket Boston – Across the nation, the $8.5…

Statement of National Consumer Law Center’s Persis Yu Regarding Report on U.S. Department of Education’s Sweetheart Deal for Loan Servicers

February 14, 2019

BOSTON – The following statement is by Persis Yu, director of the National Consumer Law Center’s Student Loan Borrower Assistance Project in response to the new report by the U.S. Department of Education’s Office of Inspector General, Federal Student Aid: Additional Actions Needed to Mitigate the Risk of Servicer Noncompliance with Requirements for Servicing Federally…

Statement on CFPB Sandbox Proposal

February 12, 2019

FOR IMMEDIATE RELEASE: February 12, 2019 A group of 80 consumer, civil rights, legal services, labor, environmental, and community groups today expressed their strong opposition to the proposed changes to the Consumer Financial Protection Bureau’s no-action letter policy and its proposed product sandbox. A copy of the coalition letter can be found here. Several national…

The Dark Side of Payroll Withholding to Repay Student Loans

February 11, 2019

FOR IMMEDIATE RELEASE: February 11, 2019 BOSTON – Last week, U.S. Senate Committee on Health, Education, Labor and Pensions Chair Lamar Alexander proposed a program that would require student loan borrowers to repay their loans through mandatory automatic deductions from their paychecks. The National Consumer Law Center released a policy brief, The Dark Side of…

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