This letter from 52 economic justice, civil rights, labor, faith and other groups urges lenders, debt collectors, and credit bureaus to provide economic relief to Minnesotans who have been financially devastated by the overly aggressive surge of militarized activity in that state by ICE. The letter asks these companies, to:
This model law, the Model Consumer Debt Collection Reform Act, is intended to protect consumers from the most common abuses in the credit and collections industries, restoring balance to an increasingly lopsided system of justice. It is intended to ensure that consumers receive basic protections as creditors pursue collection lawsuits against them. The…
Potential Changes Would Make It Harder for People to Get Credit Reporting Problems Fixed
This model legislation provides sample language for state laws to prevent debt collectors from seizing a family’s essential income and property to pay old debts. These laws are generally referred to as exemption laws, as they exempt certain income and assets from seizure after a creditor obtains a court judgment to collect a debt. This…
Read More about Model Family Property and Income Protection Act
Eli Savit, Prosecuting Attorney for Washtenaw County, ex rel. the People of the State of Michigan, and Kaitlin Hall and Kyesha Ford, on behalf of themselves and all others similarly situated, 26-000080-CP (Washtenaw Cty Trial Ct., MI) The class action lawsuit, filed jointly with the Washtenaw County Prosecutor’s Office, seeks relief for Michigan renters who…
NCLC Director of Consumer Reporting and Data Advocacy Chi Chi Wu, submitted testimony in support of a Massachusetts bill to ban the use of credit reports and scores for tenants who have a government rent subsidy.
Read More about Support for Massachusetts Fair Chance in Housing Act
This article provides an overview of FCRA preemption, discusses why the new 2025 interpretive rule is wrong, and provides suggestions for state policy advocates on how to “preemption proof” their state laws.
Read More about Digital Library: What the CFPB’s Recent FCRA Preemption Guidance Gets Wrong
The guidance comes as millions face 100 to 300 percent increases in medical insurance premiums due to the expiration of Affordable Care Act tax credits.
Rigorous Supervision Is Needed to Protect People from Financial Abuse
These are comments of the National Consumer Law Center (on behalf of its low-income clients) and the Consumer Federation of America in response to the CFPB’s advance notice of proposed rulemaking on whether to raise the threshold for defining larger participants in the consumer reporting market from $7 million in receipts from consumer reports to…
We support HUD’s ongoing commitment to sustainable homeownership. As HUD notes, this mission is consistent with HUD’s core obligation of protecting the Mortgage Mutual Insurance Fund. Importantly, it also aligns with HUD’s statutory duty of “meet[ing] the housing needs of the borrowers that the single family mortgage insurance program under this subchapter is designed to…
Read More about NCLC Comment to HUD on Buy Now Pay Later Products
