Reply Comments of Consumer Groups on KYC FNPRM
Reply comments supporting the FCC’s proposals to require enhanced Know-You-Customer information for several forms of voice service.
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All Resources
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Comments on the Application to Charter OppFi National Bank & Acquire BNC Bank
NCLC, on behalf of our low-income clients, and 134 consumer, civil rights, legal services and community groups, and academics submitted comments to the Federal Deposit Insurance Corp.(FDIC), Office of the Comptroller of the Currency (OCC), and Board of Governors of the Federal Reserve System (FRB) on the application of Opportunity Financial (“OppFi”) to become a…
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Comments Regarding RIN 2590-AB64, Enterprise Duty to Serve Underserved Markets Proposed Rule
This comment letter urges the Federal Housing Finance Agency (FHFA) not to repeal the specific requirements that it imposed on the Government Sponsored Enterprises to better serve the manufactured housing market. These requirements include certain minimum lease protections for homeowners in manufactured home communities. The comment letter also addresses many other aspects of the FHFA’s…
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Comments on the NYC Department of Consumer and Worker Protection's Proposed Rule to Prohibit Charging Consumers Hidden "Junk Fees"
These comments highlight NCLC’s rental housing junk fees resources, and also provide an overview of the array of junk fees renters must pay to secure and maintain rental housing and how these fees contribute to housing unaffordability and precarity. These comments also provide recommendations about what the final rules should contain.
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Comments on the Federal Reserve Board's Proposed Revisions to the Federal Reserve Policy on Payment Risk and the Guidelines for Account and Services Requests
The Federal Reserve Board proposed revisions to the Federal Reserve Policy on Payment System Risk to accommodate the provision by Reserve Banks of special-purpose accounts that would clear and settle certain payment activity (Payment Accounts) and the proposed updates to the guidelines for Federal Reserve Banks to use in evaluating requests for access to Reserve…
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NCLC Testimony Regarding Proposed Amended Regulations 105 CMR 95 and 140 CMR 2
NCLC provides written comments in support of two related rulemakings by the Massachusetts Department of Public Health to prohibit reporting medical debts to credit bureaus. NCLC also offers recommendations to strengthen the proposed regulations.
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Amicus Brief in Burrison v. FloatMe Corp.
Amici submit this brief to provide the Court with evidence concerning the similarities in product design, function, and consumer harms between FloatMe Corp’s “Float” cash advance products, often marketed as “Earned Wage Access,” and traditional payday loans. Floats, and other so-called Earned Wage Access products, function as loans—app-based payday loans. Payday Loan Apps (“PLA”) operate…
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What States Can Do to Protect Families' Income and Property from Seizure by Debt Collectors
State exemption laws protect income and property from seizure once a court has ruled that a person owes a certain amount. Without exemption laws, debt collectors would be able to collect that amount by selling the person’s home or seizing their entire paycheck, bank account, car, or household goods. This issue brief outlines how states…
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Letter to the Chicago City Council Regarding the Protecting Renters Ordinance
The National Consumer Law Center writes to provide technical advice and comments regarding the proposed Protecting Renters Ordinance, focusing on section 5-12-081, Fees in addition to rent.
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Letter Opposing Main Street Capital Access Act, H.R. 6955
This is a letter opposing H.R. 6955, a dangerous bank deregulation package would undermine core safeguards and supervision, push risk into the shadows and make the next publicly financed bailout more likely.
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Amicus Brief: Smith v. InformData, LLC
NCLC’s amicus brief supports the appeal of an ED Virginia case holding that it’s accurate and lawful under the FCRA for a consumer reporting agency (CRA) to report sealed or expunged records. The brief explains how the modern background screening industry aggregates public-record data, why sealed and expunged records continue to appear on consumer reports,…
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Amicus Brief in Revell v Grant, LLC
Amici submit this brief to provide the Court with evidence concerning the similarities in product design, function, and consumer harms between Grant Money, LLC’s “Cash Advance,” often marketed as “Earned Wage Access,” and traditional payday loans. These products function as loans—app-based payday loans. Payday Loan Apps (“PLA”) operate as a financial technology iteration of the…