S1310/A4598 Will Harm NJ Consumers
S1310/A4598 will hurt New Jersey consumers by legalizing debt adjustment, also known as debt settlement. Debt adjustment is one of the worst options for people in debt.
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Congress Wants Medical Debt on Credit Reports To Keep Hurting Americans
Broad Coalition Opposes Bill to Block CFPB Rule that Would Remove Medical Debt From Credit Reports, Pushing Borrowing Costs Higher for Working Families
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CFPB to Host Field Hearing on “Zombie Second Mortgage Debt” in Brooklyn
Housing Law Experts to Probe “Zombie” Second Mortgages and Foreclosures on April 26 WASHINGTON — The Consumer Financial Protection Bureau’s (CFPB) upcoming field hearing will feature remarks from CFPB Director Rohit Chopra and leading national and local housing law advocates, including Andrea Bopp Stark, senior attorney at the National Consumer Law Center, on “zombie” second…
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Letter in opposition to NJ S-S2989; Debt Settlement Legalization Bill
NCLC opposes S-2989, which would legalize certain for-profit debt adjusters. For-profit debt adjustment (also known as debt settlement) is bad for consumers and hurts honest businesses. Bankruptcy attorneys, non-profit credit counselors, and self-help are much better alternatives. The debt adjustment industry leads consumers to believe that they can negotiate reduced payoffs on unsecured debts. But…
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Letter Opposing NJ Earned Income Access Bill
Americans for Financial Reform, the Center for Responsible Lending, Consumer Federation of America, Consumer Reports, National Consumer Law Center, Service Employees International Union (SEIU), United For Respect and U.S. PIRG write to urge you to veto S. 3611 (Scutari) regarding earned income access services.
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