Resources Archive

Comments to the FTC in the Matter of Rent-to-Own Store Swaps

March 25, 2020

Comments of the National Consumer Law Center, on behalf of its low-income clients and Consumer Action, Consumer Federation of America, National Association of Consumer Advocates, National Consumers League, Open Markets Institute, and U.S. PIRG regarding a case where Federal Trade Commission (FTC) uncovered evidence that three major rent-to-own (RTO) players engaged in a market allocation…

Testimony Before House Financial Services on Examining Rental Purchase Agreements and the Potential Role for Federal Regulation

July 26, 2011

Margot Saunders, senior attorney at the National Consumer Law Center testified on behalf of our low income clients, as well as the Consumer Federation of America, Consumers Union, and the U.S. Public Interest Research Group regarding rent to own contracts and whether H.R. 1588 is the appropriate vehicle for federal regulation. The topic of this…

Comment on Proposed Amendments to Wisconsin's Debt Adjustment Services Rule

September 27, 2024

NCLC and AARP Wisconsin agree with the proposal to limit debt adjustment fees to a percentage of savings, but 30% is too high. NCLC and AARP Wisconsin also recommend more robust annual data reporting, prohibiting licensees from advising consumers to default on debts, and adopting other protections found in the FTC’s debt relief services rule.

Amicus Brief: NAIB v. Weiser (10 Circuit, DIDMCA opt out)

September 23, 2024

This brief argues that a state that opts out of DIDMCA may enforce its interest rate laws against out-of-state, state-chartered banks in order to stop rent-a-bank lending and other high-cost loans that exceed state rate caps.

Cracking the Code: Understanding and Overcoming Language Barriers in Consumer Finance

September 24, 2024

This report covers the ways that financial institutions across the financial services industry serve, or fail to serve, people with limited English proficiency.

The Growing Impact of Student Loan Debt on Older Adults

September 19, 2024

A new fact sheet from NCLC and the New America Foundation examines the problem and provides policy solutions to protect the financial security of older adults with student loan debt.

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