FOR IMMEDIATE RELEASE: July 2, 2019 “More, not less, comprehensive reform of unfair and abusive overdraft fee practices is badly needed.” “Overdraft fees are unfair, deceptive, harmful, and outrageously high—and they hit consumers of color the hardest” WASHINGTON, D.C. – The Center for Responsible Lending (CRL), National Consumer Law Center (on behalf of its low-income…
FOR IMMEDIATE RELEASE: June 11, 2019 Washington, D.C.- The parties listed below make the following joint statement regarding the Notice of Proposed Rulemaking (NPRM) issued by the Federal Communications Commission proposing to place a cap on the federal Universal Service Fund (USF): “When Congress codified the concept of universal service by enacting the Telecommunications Act…
Read More about Nearly 50 Organizations Oppose FCC Proposed Cap on Universal Service Fund
FOR IMMEDIATE RELEASE: JUNE 10, 2019 Joanna K. Darcus’s full testimony will be available by 10am ET on June 11 at: http://bit.ly/nclc-test-loan-serv Washington, D.C.- National Consumer Law Center attorney Joanna K. Darcus will testify on Tuesday, June 11 at 10am E.T. before the U.S. House Financial Services Committee’s Oversight and Investigations Subcommittee at a hearing…
FOR IMMEDIATE RELEASE: June 6, 2019 National Consumer Law Center Senior Attorney Margot Saunders issues statement on FCC proposal calling it “a meaningful first step, but not a magic bullet.” WASHINGTON, D.C.–Today, the FCC unanimously approved a proposal to grant phone service providers the authority to proactively block robocalls that its analysis determines are automated…
Read More about FCC Approves Phone Companies Proactively Blocking Robocalls
For Immediate Release: MAY 29, 2019 Award-winning Series Profiles Boston-based Nonprofit Fighting to Protect Vulnerable Families Striving to Live the American Dream BOSTON – The work of the National Consumer Law Center (NCLC) is profiled in the upcoming season of Visionaries, the award-winning public television series hosted by acclaimed actor Sam Waterston of the Netflix…
FOR IMMEDIATE RELEASE: May 17, 2019 CFPB is required to consider comments on its plan, which would eliminate protections from 300% APR payday loan debt traps House Oversight and Reform subcommittee hearing held on the proposal WASHINGTON, D.C. – The National Consumer Law Center (NCLC), as part of a coalition of civil rights, consumer, and…
Read More about Broad Coalition Rebukes Trump-appointed CFPB Director’s Plan to Gut Payday Loan Rule
FOR IMMEDIATE RELEASE: May 7, 2019 Consumer Watchdog’s Proposed Debt Collection Rule Bites Consumers: Authorizes Harassment by Debt Collectors Washington – The Consumer Financial Protection Bureau (CFPB) released a proposed debt collection rule today which provides numerous gifts to debt collectors with limited new protections for consumers. “We are horrified that the CFPB’s proposed rule will actually…
Advocates Applaud CFPB for Suing Firms Accused of Illegally Taking Upfront Fees for Credit Repair Services WASHINGTON– Advocates at the National Consumer Law Center applaud the Consumer Financial Protection Bureau’s (CFPB) legal action against Lexington Law and several internet-based marketers (PGX Holdings Inc. and subsidiaries Progrexion Marketing Inc., Progrexion Teleservices Inc., eFolks LLC, and CreditRepair.com…
The Consumer Federation of America (CFA) and National Consumer Law Center (NCLC) called on the U.S. Department of Energy (DOE) to immediately abandon its proposal to roll back the lighting efficiency standards adopted in January 2017.
Read More about Department of Energy Rollback of Light Bulb Standards Will Cost Consumer Millions
FOR IMMEDIATE RELEASE: APRIL 30, 2019 Download the report, including ten charts, at: http://bit.ly/2PFsA9b National Consumer Law Center attorney John W. Van Alst testimony will be available at 10 a.m. ET on Wednesday, May 1: http://bit.ly/2V2Tb6h Boston – For many in America, a car provides not only physical mobility but also economic mobility. Yet a…
FOR IMMEDIATE RELEASE: April 30, 2019 U.S. on Track to Hit 60 Billion Robocalls in 2019 Full written testimony of National Consumer Law Center Senior Counsel Margot Saunders is available at: http://bit.ly/2UIVXIM Washington – On Tuesday, April 30 at 10:00 am ET, the U.S. House Committee on Energy and Commerce subcommittee on Communications and Technology…
FOR IMMEDIATE RELEASE: APRIL 24, 2019 Court Decision Signals End of Faux Tribal Payday Lending Washington – The Second Circuit Court of Appeals in a decision today against Think Finance and the officers of Plain Green Loans has made crystal clear that online tribal payday lenders must comply with state interest rate limits, licensing laws…
Read More about Court Decision Signals End of Faux Tribal Payday Lending
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