FOR IMMEDIATE RELEASE: JULY 20, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. - Today, the Office of the Comptroller of the Currency (OCC) issued a proposed rule that overturns the “true lender” rule that courts have used since the early 1800s to prevent evasions of state usury [...]

FOR IMMEDIATE RELEASE: JULY 15, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Alys Cohen (acohen@nclc.org) Full testimony is available at: https://bit.ly/oversight-svcrs-cares Washington, D.C. – On Thursday, July 16 at 12pm ET, National Consumer Law Center attorney Alys Cohen will testify virtually at the U.S. House Financial Services Oversight Subcommittee hearing: Protecting Homeowners [...]

FOR IMMEDIATE RELEASE: JULY 15, 2020 National Consumer Law Center contacts: Persis Yu (pyu@nclc.org) or Jan Kruse (jkruse@nclc.org) Congress Must Act to Stop Snatching of Earned Income Tax Credits Boston – This Tax Day, the National Consumer Law Center (NCLC) has released Voices of Despair: How Seizing the EITC Is Leaving Student Loan Borrowers Homeless [...]

FOR IMMEDIATE RELEASE: July 9, 2020 The following organizations have made this important information available in Spanish, Korean, Chinese, Vietnamese, Bangla, and English: AFR Language Access Task Force, Americans for Financial Reform Education Fund, Center for Responsible Lending, Consumer Action, Empire Justice Center, National CAPACD, National Consumer Law Center, National Fair Housing Alliance, and UnidosUS. [...]

FOR IMMEDIATE RELEASE: July 7, 2020 National Consumer Law Center contact: Jan Kruse (jkruse@nclc.org) or Lauren Saunders (lsaunders@nclc.org) Washington, D.C. - Today, the Consumer Financial Protection Bureau (CFPB) released its final rule gutting the protections against unaffordable payday loans. The previous payday loan rule, issued under former CFPB director Richard Cordray in October 2017, limited [...]

FOR IMMEDIATE RELEASE: JULY 6, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Margot Saunders (msaunders@nclc.org) Washington, D.C. - Today, the U.S. Supreme Court, in Barr et al v. American Political Consultants, upheld the constitutionality of the provision of the Telephone Consumer Protection Act (TCPA) that gives Americans the right to stop unwanted [...]

FOR IMMEDIATE RELEASE:  JUNE 29, 2020 National Consumer Law Center contacts: Jan Kruse (jkruse@nclc.org) or Olivia Wein (owein@nclc.org) Washington, D.C. The National Consumer Law Center commends the leadership of U.S. Senator Ron Wyden, who joined with Senators Richard Blumenthal, Mazie Hirono, and Chuck Schumer to introduce The Emergency Broadband Connections Act of 2020, which would [...]

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 [...]