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Press Releases


Consumer Advocates Applaud CFPB Rule Affirming States’ Ability to Police Credit

2022-06-28T13:03:30-05:00June 28, 2022|Categories: Media Center|Tags: |

 June 28, 2022 CFPB Interpretive Rule Clarifies that Scope of Federal Preemption is Narrow and Targeted BOSTON – Today, advocates at the National Consumer Law Center commended the Consumer Financial Protection Bureau for affirming the authority of states to regulate credit bureaus, tenant screening companies, and background check agencies, with only limited restrictions. The CFPB [...]

NCLC Advocates Praise Proposed Settlement in Sweet v. Cardona

2022-06-23T12:09:04-05:00June 23, 2022|Categories: Media Center|Tags: |

June 23, 2022 Settlement may restore faith in borrower defense process, though barriers to relief remain  WASHINGTON – Today advocates from the National Consumer Law Center applauded the proposed settlement agreement in the class action lawsuit Sweet v. Cardona, which challenged the U.S. Department of Education’s failure to provide timely decisions on borrower defense applications [...]

50-State Survey: State Predatory Lending Laws Show Significant Changes

2022-06-22T09:01:18-05:00June 22, 2022|Categories: Media Center, Uncategorized|

June 22, 2022 NCLC’s Review of State Consumer Protection Laws Sees States Gaining, Losing Protections for Popular $2,000 Two-Year and $500 Six-Month Installment Loans  WASHINGTON – A new report from the National Consumer Law Center finds progress toward a 36% APR cap for common short-term and longer-term loans in some states. In states that allow [...]

U.S. Consumers Will Save $30 Billion with Proposed Residential Gas Furnace Standards

2022-06-13T15:03:18-05:00June 13, 2022|Categories: Media Center|Tags: , |

June 13, 2022 Resistance by Gas Utilities Has Not Allowed for a Meaningful Update to Furnace Standards in 35 Years Today, national consumer groups hailed the release of the Department of Energy’s proposal to increase energy efficiency standards for residential furnaces as a crucial step toward saving consumers at least $30.3 billion on their energy [...]

Report: Student Debt Cancellation Will Help Fix Broken Student Loan System, Close Racial Wealth Gap

2022-06-09T14:11:05-05:00June 8, 2022|Categories: Media Center|Tags: , |

June 8, 2022 A new report from CLASP and NCLC explores debt cancellation and other measures to reduce the harmful impact of disproportionate student loan debt on Black borrowers WASHINGTON – A new report from the Center for Law and Social Policy (CLASP) and the National Consumer Law Center (NCLC) highlights the disproportionate impact of [...]

NCLC Advocates Applaud the Department of Education’s Decision To Cancel Corinthian College Students’ Federal Student Loan Debts

2022-06-02T08:16:46-05:00June 2, 2022|Categories: Media Center|Tags: |

June 2, 2022 WASHINGTON – Today, the U.S. Department of Education announced that it would cancel the federal student loans of over 560,000 people who attended Heald College, Everest Institute, or WyoTech, schools owned by the shuttered for-profit Corinthian Colleges.  Kyra Taylor, staff attorney at the National Consumer Law Center, praised this decision and said: [...]

New Report Warns Scam Robocalls Will Continue As Long As Telephone Providers Can Rake in the Profits

2022-06-01T09:31:55-05:00June 1, 2022|Categories: Media Center|

June 1, 2022 Telephone service providers profit from more than a billion scam robocalls a month placed to U.S. telephone subscribers  WASHINGTON – A new report from the National Consumer Law Center (NCLC) and the Electronic Privacy Information Center (EPIC) finds that the tens of millions of daily scam robocalls designed to steal money from [...]

The National Consumer Law Center Stands with the Black Community in Buffalo and Remains Committed to Advocating for Economically Marginalized Communities

2022-05-31T12:36:15-05:00May 31, 2022|Categories: Media Center|Tags: , |

5/31/22 By Richard Dubois, Executive Director The National Consumer Law Center stands in solidarity with the Black community in Buffalo, New York, and condemns the deadly attack by a white supremacist on a Tops grocery store last week. We offer our sincere condolences to the families and loved ones of the 10 people killed and [...]

NCLC Statement in Response to Latest Reports on Student Debt Cancellation

2022-05-27T14:43:46-05:00May 27, 2022|Categories: Media Center|Tags: , |

May 27, 2022 Today, in response to reports that the White House is planning to cancel $10,000 in federal student loan debt per borrower earning less than $150,000, Abby Shafroth, director of the National Consumer Law Center's Student Loan Borrower Assistance Project, issued the following statement: “We urge President Biden to move forward with student [...]

SafeRent Solution Accused of Illegally Discriminating Against Black and Hispanic Rental Applicants

2022-05-25T10:40:34-05:00May 25, 2022|Categories: Media Center|

May 25, 2022 Federal Lawsuit Alleges SafeRent Solutions Violated the Fair Housing Act, State Law by Discriminating Against Black and Hispanic Voucher Holders in Tenant Screenings SafeRent Employs Algorithm That Assigns Disproportionately Lower “SafeRent Scores” to Black and Hispanic Applicants  BOSTON– A lawsuit filed today in U.S. District Court for the District of Massachusetts against [...]