Newsroom

American Banker: Was the CFPB really manipulating data about credit cards?

May 29, 2024

Appearing in American Banker on May 29, 2024, NCLC Senior Attorney Chi Chi Wu takes on an op-ed that accused the Consumer Financial Protection Bureau of “manipulating data.” To the Editor: In Kathy Kraninger’s op-ed “CFPB must stop manipulating data to support its policy preferences,” the agency’s former director accuses the Consumer Financial Protection Bureau of…

Read More about American Banker: Was the CFPB really manipulating data about credit cards?
Detroit Free Press: UWM offers 0% down payment mortgages: Here are the risks, who’s eligible

May 31, 2024

Appearing in the Detroit Free Press on May 31, 2024, Susan Tompor interviews Sarah Bolling Mancini, NCLC’s co-director of advocacy for a story on zero-interest down payment loans for first-time homebuyers. “The biggest risk is that people might not understand that it does have to be paid back eventually. It’s possible that they might not…

Read More about Detroit Free Press: UWM offers 0% down payment mortgages: Here are the risks, who’s eligible
The New York Times: ‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule

May 31, 2024

Appearing in The New York Times on May 31, 2024, Ann Carrns interviews NCLC Associate Director Lauren Saunders for coverage of the popular “buy now, pay later” installment loans and new CFPB rules to treat them like credit cards. While some card protections under the Truth in Lending Act don’t apply to these alternative loans, consumer advocates…

Read More about The New York Times: ‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule
CFPB Improves Protections for Buy Now Pay Later Loans

May 22, 2024

The CFPB made clear that BNPL is credit covered by the federal Truth in Lending Act (TILA) and is a form of credit card that must comply with some, though not all, of TILA’s credit card rules.

Read More about CFPB Improves Protections for Buy Now Pay Later Loans
U.S. Senate’s Rollback of Furnace Standards Would Add Costs and Pollution

May 21, 2024

A resolution passed by the U.S. Senate Tuesday to block new furnace efficiency standards would raise costs for households and cause needless pollution.

Read More about U.S. Senate’s Rollback of Furnace Standards Would Add Costs and Pollution
Consumer and Industry Advocates Outline Reforms to Property Tax Foreclosure Laws to Promote Sustainable Homeownership

May 22, 2024

A new issue brief provides recommendations for states to protect property owners from unnecessary tax foreclosures.

Read More about Consumer and Industry Advocates Outline Reforms to Property Tax Foreclosure Laws to Promote Sustainable Homeownership

Support NCLC

Please support NCLC's work to advance consumer rights and economic justice with a tax-deductible contribution today!

Donate

Newsroom

American Banker: Was the CFPB really manipulating data about credit cards?

Detroit Free Press: UWM offers 0% down payment mortgages: Here are the risks, who’s eligible

The New York Times: ‘Buy Now, Pay Later’ Borrowers Get More Safeguards With New Rule

CFPB Improves Protections for Buy Now Pay Later Loans

U.S. Senate’s Rollback of Furnace Standards Would Add Costs and Pollution

Consumer and Industry Advocates Outline Reforms to Property Tax Foreclosure Laws to Promote Sustainable Homeownership

Support NCLC