This class action complaint, filed in late 2023, seeks damages and injunctive relief against an attorney and a junk debt buyer and debt collector challenging their practices of misleadingly and inaccurately asserting amounts due in debt collection attempts to consumers and in small claims court, including collecting amounts that were not actually due.
Read More about Royal et al v. Judgment Acquisitions Unlimited et al
NCLC submitted written testimony before the Maryland Senate Finance Committee on the amended version of HB 246 regarding earned wage access. The testmony noted that the bill, as amended, would strengthen Maryland law in some respects but weaken it in others. It is essential to retain language treating earned wage advances as loans and including…
Consumer groups applaud the Consumer Financial Protection Bureau (CFPB) effort to improve the collection and dissemination of auto finance data as part of its efforts to monitor the auto finance market for risks to consumers.
NCLC and CRL support the proposed rule but have a number of recommendations, including adding protections to protect distressed borrowers and prevent the misuse of escrow account refunds; removing repayment-plan payments from the definition of “monthly payment” used for the seasoning rule; and working with Congress to determine whether statutory changes are necessary to prevent…
We are supporting District of Columbia bill B25-0609 Protecting Affordable Loans Amendment Act of 2023, which opts DC out of federal law that allows out-of-state, state-chartered banks to export their home state interest rate limits into DC.
Read More about Testimony in Support of DC B25-0609 Protecting Affordable Loans Amendment Act
NCLC joined comments with other consumer advocates supporting a proposed rule by the CFPB that prohibits nonsufficient funds (NSF) fees on transactions that are instantaneously declined. We also supported the CFPB’s clarification of the standard for evaluating the prohibition on abusive conduct.
NCLC submitted testimony supporting Rhode Island H 7941, which exercises the state’s right under the Depository Institutions Deregulation and Monetary Control Act of 1980 to opt out of interest rate exportation by state-chartered banks. The bill will restore Rhode Island’s ability to apply its usury laws to prevent predatory rent-a-bank lending.
Read More about Testimony in Support of Rhode Island H 7941 Opting Out of DIDCMA
In this letter, NCLC and CRL propose how FHA should shape its system for helping borrowers avoid foreclosure.
Read More about NCLC and CRL Proposal for FHA Loss Mitigation
This is testimony in support of MD SB1, a bill to protect consumers from unfair, predatory retail energy supply contracts. The bill caps the price of the service offerings to the regulated utilities standard offer rates, it imposes strong restrictions on variable rates and would allow consumers to lock their accounts to avoid slamming. The…
Callers rotating through numbers circumvent the goals of the TRACED Act as well as the efforts of the FCC and providers to block illegal calls. While existing regulations prohibit this misconduct, the FCC should use TRACED Act authority to issue a new rule that unequivocally prohibits number rotation for outbound calls.
Read More about Ex Parte to Wireline Bureau on Numbering Policies
This IRA Home Energy Rebates Resource for Advocates outlines issue areas that advocates for low-income consumers and tenants should prioritize when providing stakeholder input into the state rebate plans.
The FCC promulgated the requirement in 47 CFR 64.1601(e) that telemarketers must provide a caller ID pursuant to its authority to issue regulations for the Do Not Call Registry, meaning that a telemarketer's failure to provide the correct caller ID leads to the damages under the TCPA.
