June 8, 2022 A new report from CLASP and NCLC explores debt cancellation and other measures to reduce the harmful impact of disproportionate student loan debt on Black borrowers WASHINGTON – A new report from the Center for Law and Social Policy (CLASP) and the National Consumer Law Center (NCLC) highlights the disproportionate impact of [...]
June 1, 2022 Telephone service providers profit from more than a billion scam robocalls a month placed to U.S. telephone subscribers WASHINGTON – A new report from the National Consumer Law Center (NCLC) and the Electronic Privacy Information Center (EPIC) finds that the tens of millions of daily scam robocalls designed to steal money from [...]
5/31/22 By Richard Dubois, Executive Director The National Consumer Law Center stands in solidarity with the Black community in Buffalo, New York, and condemns the deadly attack by a white supremacist on a Tops grocery store last week. We offer our sincere condolences to the families and loved ones of the 10 people killed and [...]
May 27, 2022 Today, in response to reports that the White House is planning to cancel $10,000 in federal student loan debt per borrower earning less than $150,000, Abby Shafroth, director of the National Consumer Law Center's Student Loan Borrower Assistance Project, issued the following statement: “We urge President Biden to move forward with student [...]
May 25, 2022 Federal Lawsuit Alleges SafeRent Solutions Violated the Fair Housing Act, State Law by Discriminating Against Black and Hispanic Voucher Holders in Tenant Screenings SafeRent Employs Algorithm That Assigns Disproportionately Lower “SafeRent Scores” to Black and Hispanic Applicants BOSTON– A lawsuit filed today in U.S. District Court for the District of Massachusetts against [...]
May 25, 2022 Military servicemembers, veterans, and their families report outrageously high interest rates and deceptive lending practices WASHINGTON – The predatory lending practices of EasyPay Finance and Utah-based, FDIC-supervised Transportation Alliance Bank (TAB Bank) are hurting military servicemembers, veterans, and their families, according to a new report from a coalition of consumer advocacy groups [...]
May 19, 2022 Fed to launch FedNow instant payments service in 2023 WASHINGTON – The final FedNow rules announced today by the Federal Reserve Board lack protection against scams and fraud, which, if unaddressed, could leave consumers exposed when the payment service launches next year, warns advocates at the National Consumer Law Center, National Consumers [...]
May 19, 2022 Advocates aim to secure relief for former Westwood College students WASHINGTON – A group of student, consumer advocacy, and civil rights organizations today filed a lawsuit against U.S. Education Secretary Miguel Cardona and the Department of Education on behalf of former Westwood College students who have been waiting nearly six years for [...]
May 18, 2022 Advocates urge auto repair chains, including AAMCO, Meineke, and Midas, to stop offering predatory auto repair loans with interest rates of as high as 189% WASHINGTON – Today, a coalition of consumer advocacy groups sent letters to major national auto repair chains AAMCO and Precision Tune Auto Care (Icahn Enterprises), Big O [...]
May 11, 2022 National auto repair chains like AAMCO, JiffyLube, Meineke, and Midas, and local repair shops are steering customers to predatory lenders engaged in deceptive and abusive practices, charging up to 189% APR WASHINGTON – A report released today by the Stop The Debt Trap coalition finds auto repair shops across the country are [...]
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