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   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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Supreme Court Weakens Independence of Consumer Watchdog

2020-06-29T10:11:19-05:00June 29, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: June  29, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) National Consumer Law Center Advocates’ Statement re: U.S. Supreme Court Decision Challenging the Structure and Constitutionality of the CFPB (Seila Law v CFPB) Washington, D.C. – The U.S. Supreme Court today issued its decision in Seila Law LLC v The Consumer [...]

Advocates Decry Congress’s Failure to Protect Student Loan Borrowers and Taxpayers from School Fraud and Closures

2020-06-26T11:11:38-05:00June 26, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: June 26, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Boston – National Consumer Law Center advocates are extremely disappointed that today Congress  failed to override President Trump’s veto of Congress’s prior bipartisan vote to protect federal student loan borrowers by striking down the Department of Education’s new borrower defense regulations. The [...]

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

2020-06-25T09:28:46-05:00June 25, 2020|Categories: Media Center, Uncategorized|

FOR IMMEDIATE RELEASE: JUNE 25, 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: Diop Harris (diop@ourfinancialsecurity.org) Washington, D.C. – Consumer advocates criticized the Federal Deposit Insurance Corp. (FDIC) for today finalizing a rule that encourages online non-bank lenders to launder [...]

CFPB Proposal Would Encourage Unaffordable Mortgage Lending and Threaten Access to Credit

2020-06-22T15:26:18-05:00June 22, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: June 22, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. – Today, the Consumer Financial Protection Bureau released two proposed rules that together will fundamentally reshape the mortgage market at a time when the market is attempting to adjust to the pandemic and recession and access to credit for communities [...]

CFPB Announces Another Pilot Program Placing Financial Companies’ Interests Before Consumers

2020-06-18T16:32:46-05:00June 18, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: June 18, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) Washington, D.C. – Today, the Consumer Financial Protection Bureau announced a pilot advisory opinion program designed to provide additional protections for financial institutions at the expense of consumers. Under the CFPB pilot, itself issued without notice and comment, financial institutions are [...]

Advocates Praise California Public Utility Commission’s Unanimous Vote to Pass Utility Shut-Off Protections for Residents

2020-06-16T10:23:00-05:00June 12, 2020|Categories: Media Center|

FOR IMMEDIATE RELEASE: JUNE 12, 2020 Media Contacts: National Consumer Law Center: Jan Kruse (jkruse@nclc.org) or Stephen Rouzer (srouzer@nclc.org) Center for Accessible Technology: Melissa Kasnitz (mkasnitz@cforat.org) California adopts rules and programs to reduce residential disconnections from gas and electric service  San Francisco – Consumer advocates praised yesterday’s unanimous vote by the California Public Utilities Commission (CPUC) [...]

Advocates Praise Rent-a-Bank Ruling Upholding State Interest Rate Caps

2020-06-10T14:51:51-05:00June 10, 2020|Categories: Media Center|

Colorado Court Follows “Madden” Decision that Banks Can’t Assign Bank Privileges to Nonbank Lenders FOR IMMEDIATE RELEASE: JUNE 10, 2020 National Consumer Law Center Contacts: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. – Consumer advocates praised yesterday’s ruling by a Colorado court upholding the Colorado Attorney General’s claim that an online lender, Marlette Funding [...]

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 [...]