Deceptive marketing, overpriced contracts, and greenwashing harm consumers in states with retail electric supply markets
Read More about Retail "Choice" in Electricity Markets: A Bad Deal for Consumers and the Climate
NCLC and NACA joined an amicus brief prepared by Public Citizen in the Supreme Court case of Lac Du Flambeau v. Coughlin. The issue presented by the case is whether the Bankruptcy Code can abrogate the sovereign immunity of Native American tribes.
Accountable.US, Americans for Financial Reform, Center for Responsible Lending, Consumer Action, Consumer Federation of America, National Consumer Law Center (on behalf of its low- income clients), National Community Reinvestment Coalition, Public Citizen, US PIRG and the Woodstock Institute submitted comments for the Community Reinvestment Act (CRA) examination of First Electronic Bank. First Electronic Bank helps…
Joint comments were submitted by the Center for Responsible Lending, Consumer Federation of America and National Consumer Law Center.
NCLC writes in support of Senate Bill 278 (Dodd), which will be heard before the committee shortly. SB 278 will clarify the law and ensure that elderly victims of financial scams can hold negligent banks accountable for assisting in the financial exploitation of older Californians.
NCLC and CLICC are proud sponsors of AB 1119 (Wicks), a bill to ensure that no one is imprisoned because they owe consumer debt. While debtors' prisons are banned in every state by constitution, statute, or judicial decision, in reality they live on because a court may issue an arrest warrant for someone who did not make it to court in a debt collection matter.
Student loan debt is threatening the financial security of an increasing number of older Americans. According to the Consumer Financial Protection Bureau (CFPB), the number of consumers age 60 and older with student loan debt has quadrupled over the last decade. Tragically, a large portion of older student loan borrowers struggle to afford basic needs.…
NCLC supports AB 1186, the REPAIR Act. The bill would provide crime survivors with more equitable, timely, and stable compensation, while ensuring young people and their families are not locked into unaffordable debt and poverty. It would do so by establishing a public compensation fund through which crime survivors can address immediate needs for compensation, and by ensuring that accountability and rehabilitation is addressed in youth-appropriate ways—such as participating in restorative justice practices, community service, or personal development programs.
Read More about Testimony Supporting California's AB 1186, The REPAIR Act, on Youth Restitution
NCLC submitted a letter analyzing Nevada SB 290. The letter explains that the bill and other industry legislation would exempt various fintech payday loans from lending laws based on the disingenuous assertion that they are not loans.
Read More about Letter Analyzing Nevada Earned Wage Advance Bill
The undersigned student, consumer, and borrower advocacy groups write in response to the Education Department’s examination of bundled services (Docket ID ED–2023–OPE–0030) and an incentive compensation loophole we believe has had significant negative consequences for students and our system of higher education. We have long supported the strong statutory ban on incentive-based student enrollment compensation,…