National Consumer Law Center

Washington, D.C. March 26, 2020– Today, under the cover of a national crisis, the Consumer Financial Protection Bureau (CFPB), Federal Deposit Insurance Corporation (FDIC), Office of the Comptroller of the Currency (OCC), Federal Reserve Board (FRB), and the National Credit Union Administration issued small dollar bank lending guidance that lacks the consumer protections needed to […]

Author Archives: National Consumer Law Center

Civil Rights and Consumer Groups Condemn “Emergency” Regulatory Guidance that Allows Banks to Make Payday Loans

Advocates Applaud Bill to Cap Interest Rates at 36%

Report: States Put Families at Risk to Feed an Insatiable Debt Collection Machine

CFBP’s Proposed Debt Collection Rule Bites Consumers: Authorizes Harassment by Debt Collectors

Report: Despite Efforts by Regulators, Credit Bureaus Still Need Serious Reform; Consumer Complaints Skyrocket, Errors Not Fixed

Beware Holiday Shoppers: Deferred Interest Promotions Promise No Interest Now, but Can Cost Big Bucks Later

Consumer Advisory Board Members of CFPB Alarmed by Bureau’s Shift in Direction

A Cold, Drafty Valentine for Low Income and Working Families in President Trump’s Proposed Budget

Private IRS Collectors Waste Taxpayer Money While Squeezing Low-Income Families

Robocall Problem Even Worse than FTC Data Shows

National Consumer Law Center: Equifax Data Breach Affects 143 Million Consumers

Appellate Court Order to Vacate and Review Questionable Decision on Trump Power over Consumer Watchdog