When America set out to replace welfare with work, it was generally recognized that the transportation needs of new workers would have to be met in order for this reform policy to succeed. Four years after the full implementation of welfare reform, the lack of an adequate transportation solution has emerged as one of the…
Read More about Driving Out of Poverty in Private Automobiles
While the market for auto lending at first appears to be highly competitive, manyconsumers lack the ability to obtain accurate information about price. In many markets,uninformed consumers can “free ride” off the knowledge of informed consumers. However, the market for auto lending differs from traditional markets because priceultimately depends upon both the credit worthiness of…
An inheritance is an important family legacy that can provide a safety net for future generations. For working families struggling to keep up with rising living costs, the transfer of a family home or other inheritance can provide newfound economic security. In particular, the anticipated wealth transfer from the Baby Boomer generation to their heirs…
This comment pushes back against the proposal by the Consumer Financial Protection Bureau (CFPB) to limit the permissible uses of the Consumer Financial Civil Penalty Fund. The proposed rule may signal a plan to stop compensating victims of companies that violate the law and then say they have no money to repay, and perpetuates a…
Read More about Coalition Comment on the CFPB's Proposed Rule Amending the Civil Penalty Fund Rule
NCLC supports Rep. Correa’s Student Loan Bankruptcy Improvement Act, which would give a meaningful opportunity for financially distressed Americans to discharge student loan debts in bankruptcy by changing the standard used by courts in handling requests for discharge.
Read More about NCLC Supports Rep. Correa's Student Loan Bankruptcy Improvement Act.
This 2025 Massachusetts legislation aims to make energy bills more affordable for consumers. NCLC testifed in support of consumer protections during extreme heat, and protections in the competitive energy supply market. NCLC also explained our concerns with sections on submetering of electricity, and energy bill surcharges to finance energy efficiency and electrification purchases.
Read More about NCLC Testimony on Massachusetts H.4144, An Act Relative to Energy Affordability
Johnathan Burkhard and Deven Burkhardt, individually and on behalf of all others similarly situated v. MoneyLion Technologies Inc., ML Plus, LLC, and MoneyLion of Florida, LLC, No. 3:25-cv-00693 (N.D. Fla.) This case seeks relief against predatory earned wage access lender MoneyLion and related companies on behalf of a nationwide class of servicemembers and their spouses…
Read More about Burkhardt et al. v. MoneyLion Technologies Inc. et al.
NCLC joined 68 community, civil rights, consumer, civic and other organizations opposing bills that would undermine the Consumer Financial Protection Bureau (CFPB) and threaten its statutorily mandated consumer protection mission.
The petition, signed by six national public interest organizations who represent car buyersacross the country, demonstrates that despite agreeing to terms in signed credit contracts, car dealers regularly refuse to follow through with the original agreement with buyers, and typically engage in yo yo tactics by claiming the transaction depends on the dealer’s ability to…
Read More about Petition for Rulemaking Concerning the Finality of a Car Purchase (Yo-Yo Financing)
NCLC joined 82 investor, consumer and other advocacy organizations opposing the CLARITY ACT, H.R. 3633, which legitimizes risky and exploitative crypto industry practices. The bill seeks to create a “market structure” and regulatory regime for crypto platforms and crypto traders, but the bill weakens the enforcement powers of federal financial regulators, undermines state regulators’ ability…
NCLC submitted comments in response to the Treasury Department’s request for information on how to eliminate paper checks to and from the federal government, and also joined this comment from other consumer groups. The NCLC comments explained that the goal of reducing the number of paper checks sent by and to the federal government and increasing the…
This sign-on letter to Senate leadership and the Senate Committee on Finance opposes the use of the budget reconciliation process to charge punitive new fees to EV and hybrid car drivers.