Comments to the Consumer Financial Protection Bureau re: Comments in Response to Requests for Information: Consumer Access to Financial Records, Docket No. CFPB-2016-0048.
Read More about NCLC Comments to CFPB on Consumers’ Access to Their Own Financial Account Data
Access to safe and affordable financial products and services is a cornerstone of financial empowerment: this access allows consumers to secure their income and build and grow their assets. However, there are almost 17 million unbanked Americans who do not have bank accounts. These consumers incur higher costs — estimated at up to $40,000 over a lifetime — by using alternative financial services, sometimes predatory, to handle their routine transactions, and often are not able to take advantage of savings and asset building opportunities.
Read More about Account Screening Consumer Reporting Agencies: a Banking Access Perspective
The Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 overhauls the federal consumer protection system. The Act creates a Consumer Financial Protection Bureau charged with protecting consumers from unscrupulous practices by mortgage lenders, credit card companies, and others in the financial world.
Consumer protection in the financial world has been dramatically weakened in the last several years by preemption of state consumer protection laws. Broad preemption of state law is a recent phenomenon; for most of the 150 years since national banks were created, they have complied with state law. Preemption has harmed states’ ability to respond…
Read More about Restore the States’ Traditional Role as “First Responder”
The undersigned national and state consumer, legal services and civil rights groups have submitted these comments on the FDIC’s proposed Third-Party Lending Guidance (Third-Party Guidance).
Read More about Consumer Comments to FDIC Opposing Rent-a-Bank Arrangements
CJPP has developed a Guide for Policy Reform, which highlights the different areas of law that spawn harmful practices and outlines a wide array of policy levers for bringing about systemic reform. The guide provides a detailed discussion of policy strategies for (1) addressing conflicts of interest that arise when legal actors rely on revenue generated…
Read More about Confronting Criminal Justice Debt: A Guide for Policy Reform
Powerpoint presented during a webinar series on the impact of COVID-19 on utility ratemaking.
Read More about Advocacy to Manage Low-Income Utility Debt in the Age of COVID-19
The undersigned organizations request the FCC immediately take actions to adapt the Lifeline program to meet the COVID-19 crisis.
Expenses for life-saving or medically necessary care are often unexpected, and can throw a family into an immediate financial crisis. This crisis is compounded when families cannot pay for these surprise expenses and the debt is reported to credit bureaus. The blemishes on a credit report (which employers and landlords as well as creditors may…
Read More about Don't Add Insult to Injury: Medical Debt & Credit Reports
Letter highlighting important additional actions that the CFPB should take to protect and assist consumers with medical debts in collection.
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