/Media Center

   Media Contact:

   Jan Kruse
   Director of Communications
   jkruse (at) nclc.org
   (617) 542-8010

NCLC in the News

Select media clips. Journalists interested in speaking with an expert at the National Consumer Law Center should contact Jan Kruse (jkruse@nclc.org or 617.542,8010).

Press Releases

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Advocates Praise D.C. Attorney General Suit Against Predatory High-Cost Rent-a-Bank Lender

2020-06-05T13:24:33-05:00June 5, 2020|Categories: Media Center|

Elevate charged 99% to 251% APR despite D.C.’s 6% to 24% rate cap FOR IMMEDIATE RELEASE: JUNE 5, 2020 National Consumer Law Center Contacts: Jan Kruse (jkruse@nclc.org), Lauren Saunders (lsaunders@nclc.org) Washington, D.C. – Consumer advocates praised today’s announcement by District of Columbia (DC) Attorney General Karl Racine that he has filed a lawsuit against online lender [...]

Consumer Advocates Criticize Credit Card “Relief” from CFPB and Warn Consumers to Avoid Unwanted Electronic Statements

2020-06-04T09:26:27-05:00June 4, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: June 4, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. - Under the guise of allowing “relief” to consumers during the COVID-19 pandemic, the Consumer Financial Protection Bureau (CFPB) issued guidance yesterday that will undermine critical consumer protections in federal law that ensure that consumers receive important disclosures about [...]

Advocates File Complaint with FTC; Urge Enforcement Action Against Vemo Education for Its Deceptive Marketing of Income-Share Agreements to Students

2020-06-01T08:52:37-05:00June 1, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: June 1, 2020 Contacts:  National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Student Borrower Protection Center: Moira Vahey (moira@protectborrowers.org) Advocates File Complaint with Federal Trade Commission; Urge Enforcement Action Against Vemo Education for Its Deceptive Marketing of Income-Share Agreements to Students Vemo-Built Comparison Shopping Tools for University of Utah and Purdue University Falsely [...]

Advocates Condemn Rent-a-Bank Rule that Encourages Predatory High-Cost Loans; Call on Congress to Pass Federal 36% Interest Rate Cap Limit

2020-05-29T14:52:24-05:00May 29, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: MAY 29, 2020 Media Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) Center for Responsible Lending: Matthew Kravitz (matthew.kravitz@responsiblelending.org) Americans for Financial Reform Education Fund: Carter Dougherty (carter@ourfinancialsecurity.org) Washington, D.C. – Consumer advocates slammed the Office of the Comptroller of the Currency (OCC) for its final rule issued today that encourages online [...]

Advocates Praise FTC Action on Discrimination and Abuse at Car Dealer and Urge Further Efforts

2020-05-28T16:26:07-05:00May 28, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: May 28, 2020 National Consumer Law Center Contact: Jan Kruse at jkruse@nclc.org Boston – Yesterday, the Federal Trade Commission (FTC) filed a complaint and stipulated order against a New York car dealer, Bronx Honda, for discriminating against African Americans and Hispanic car buyers and employing a range of abusive tactics in the sales and financing [...]

Consumer, Banking Groups Applaud Bill to Exempt Economic Impact Payments from Garnishment

2020-05-26T13:24:00-05:00May 26, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: May 26, 2020 National Consumer Law Center contacts: Lauren Saunders (lsaunders@nclc.org) or Jan Kruse (jkruse@nclc.org) WASHINGTON, D.C. — Consumer groups and banking industry organizations joined together today to support bipartisan legislation that would prevent Economic Impact Payments from being subject to garnishment. The following statement was issued today by the American Bankers Association, Bank [...]

Los Angeles County Ends PACE Program Marred by Fraud, Abuse, and Unaffordable Loans

2020-05-20T16:01:26-05:00May 20, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: May 20, 2020 National Consumer Law Center contacts: John Rao (jrao@nclc.org) or Stephen Rouzer (srouzer@nclc.org) Los Angeles County Ends PACE Program Marred by Fraud, Abuse, and Unaffordable Loans Thousands of LA County homeowners have been trapped in unaffordable loans through the Property Assessed Clean Energy financing program WASHINGTON, D.C – Effective May [...]

FDIC to Repeal 36% Rate Cap and Bank Payday Loan Guidance, but Banks Should Not Take the Bait

2020-05-20T15:51:03-05:00May 20, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: May 20, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) New bank regulator guidance could permit balloon-payment loans but emphasizes responsible lending WASHINGTON, D.C. - As our nation grapples with the economic fallout of the COVID-19 pandemic, the Federal Deposit Insurance Corp. (FDIC) announced plans today to [...]

Advocates Urge President Trump to Join Congress in Restoring Rule to Protect Student Loan Borrowers from School Fraud and Closures

2020-05-20T10:19:13-05:00May 20, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: May 20, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Abby Shafroth (ashafroth@nclc.org) Boston – National Consumer Law Center advocates urge President Trump to join with Congress in protecting student loan borrowers hurt by school fraud and closures by signing into law the bipartisan joint resolution preserving existing borrower defense [...]