Coalition Reply Comments to the FCC Regarding New Rules to Prevent SIM Swap and Port-out Fraud
Reply comments applaud the FCC for its response to carrier vulnerabilities leading to SIM swap and port-out fraud.
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Comments re: Bureau of Prisons' Proposed Rule on "Reservation of Funds for Reentry Under the First Step Act"
NCLC submitted comments, co-authored by the Fines and Fees Justice Center and joined by five other organizations, in response to the Bureau of Prisons’ (“BOP”) Proposed Rule on “Reservation of Funds for Reentry Under the First Step Act.” In these comments, we argue that the BOP must revise its Proposed Rule to better accord with…
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Consumer Coalition Comments to the FTC's Proposed Junk Fee Rule
The comments support the FTC’s proposed rule and urges the Commission to strengthen several provisions in the proposed rule to prevent companies from using alternative deceptive pricing tactics to get around the rule.
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Comments on FTC's Proposed Rule on Junk Fees, Specifically on Junk Fees that Affect Justice-Involved People
NCLC, the Prison Policy Initiative (PPI), and advocate Stephen Raher submitted comments in response to the Federal Trade Commission’s (FTC) Proposed Rule on junk fees. These comments address the Proposed Rule as it would apply to junk fees that affect justice-involved people. Unfortunately, these fees are very common, and they cause particular harm to consumers…
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Coalition Comments to the VA Regarding Loan Guaranty: Minimum Property Requirements for VA-Guaranteed and Direct Loans
Advocates commend the VA for seeking input on this important topic and we hope that our comments will help inform the VA’s views.
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Comments Concerning Rental Housing Junk Fees in Response to the FTC's Notice of Proposed Rulemaking
To help ensure that renters can find safe, decent, and affordable housing, we urge the FTC to adopt a final rule that applies to rental housing and protects renters and rental housing applicants from hidden, misleading, and excessive fees.
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No Clear Relationship Between Wage Seizure Protections and Access to Credit
When state advocates seek to increase protections for working people’s wages, opponents, broadly citing academic literature to support their position, often argue that increased protections for wages will decrease access to credit or increase the cost of credit. Upon closer inspection, however, many of these studies do not examine wage seizure at all, or, when…
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Testimony in Support of Maryland HB 246
NCLC supports Maryland HB 246, which clarifies that earned wage advances and other fintech cash advances are loans subject to Maryland law and interest rate limits. The bill would prevent new forms of high-cost loans from evading Maryland’s strong consumer protection laws and limit high-cost services that result in workers paying to be paid.
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Testimony in Support of Maryland HB 254
NCLC supports Maryland HB 254, which codifies the widely-accepted “true lender” doctrine and stops predatory lenders that charge 200% APR or more from using exemptions designed for banks to evade Maryland’s interest rate limits and consumer protection laws.
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Letter Urging the FCC to Require an Automated Opt Out for All Calls with Prerecorded Voice
This letter requests the FCC--again--to require an automated opt-out mechanism for all calls, including non-telemarketing calls to cell phones, that include a prerecorded voice.
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SEC Petition for Rulemaking Banning the Use of Forced Arbitration Clauses in Broker/Dealer and Investment Advisory Agreements
In June 2023, the SEC released a report to Congress analyzing the use of mandatory arbitration among SEC-Registered Investment Advisors. The report estimated that approximately 61% of SEC-registered advisers serving retail investors incorporated mandatory arbitration clauses into their investment advisory agreements. Arbitration clauses restrict investors’ ability to access the legal system to resolve disputes with…
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Testimony of Carla Sanchez-Adams on "Examining Scams and Fraud in the Banking System and Their Impact on Consumers”
Carla Sanchez-Adams, NCLC Senior Staff Attorney, testified on February 1, 2024, before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on “Examining Scams and Fraud in the Banking System and Their Impact on Consumers."
