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The Hill: Americans lose billions as expert says median fraud losses double

February 2, 2024

Originally appearing in The Hill on Feb. 2, 2024, Sydney Dunlap covered a Senate Banking Committee on fraud and scams in the banking system and quoted testimony provided by Carla Sanchez-Adams, senior attorney at the National Consumer Law Center. If a person falls victim to fraudulently induced transactions, “You are going to hear ‘too bad,…

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Communications Daily: Disagreements Continue on Need for Tougher SIM Swapping Rules

February 15, 2024

Originally appearing in Communications Daily on Feb. 15, 2024, Howard Buskirk quotes Margot Saunders, senior attorney at the National Consumer Law Center, in coverage of a push for the Federal Communications Commission to take a more aggressive stance against SIM swapping and port-out fraud. The FCC must clarify that carriers, “the only parties in these…

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American Banker: Why fintechs want the CFPB—not states—to rule on earned wage access

February 15, 2024

Originally appearing in American Banker on Feb. 15, 2024, Kate Berry talks to NCLC’s Associate Director Lauren Saunders about so-called earned wage advances. Lauren Saunders, associate director at the National Consumer Law Center, said the industry is trying to stall state efforts to classify payroll advances as loans and head off what could be revised guidance from…

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New Report Examines Massive Overhaul of the Department of Education’s Student Loan Servicing System

February 15, 2024

USDS will improve servicing environment for borrowers, Congress must approve additional funding for effective implementation

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Veteran Borrowers Need More Options to Retain their Homes and Avoid Foreclosure

February 15, 2024

NCLC Housing Expert Testifies before House Committee on Veterans’ Affairs, Highlights Need for Additional Mortgage Relief Options for Military Veterans

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Digital Library: Supreme Court says Federal Agencies Can be Sued Under Fair Credit Reporting Act

February 13, 2024

A new NCLC Digital Library article looks at widespread implications for consumers using the FCRA to recover damages from federal agencies.

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Newsroom

The Hill: Americans lose billions as expert says median fraud losses double

Communications Daily: Disagreements Continue on Need for Tougher SIM Swapping Rules

American Banker: Why fintechs want the CFPB—not states—to rule on earned wage access

New Report Examines Massive Overhaul of the Department of Education’s Student Loan Servicing System

Veteran Borrowers Need More Options to Retain their Homes and Avoid Foreclosure

Digital Library: Supreme Court says Federal Agencies Can be Sued Under Fair Credit Reporting Act

Support NCLC