California Archives - Page 5 of 5 - NCLC

Skip to main content

All

Letter to CA Governor Newsom Regarding Prohibiting Garnishment of Stimulus Payments

April 10, 2020

Advocates' letter to California governor urging a halt to bank account garnishments and/or debt collection.

Read More about Letter to CA Governor Newsom Regarding Prohibiting Garnishment of Stimulus Payments
Payday Lenders Plan to Evade California's New Interest Rate Cap Law Through Rent-A-Bank Schemes

October 1, 2019

Quotes from the transcripts of August 2019 earnings calls by three publicly-traded payday lenders that offer high-cost installment loans in California at rates of 135% to 199% describing their plans to enter into rent-a-bank schemes to evade the new law.

Read More about Payday Lenders Plan to Evade California's New Interest Rate Cap Law Through Rent-A-Bank Schemes