Newsroom

WBUR: For many renters, apartment application fees add up. Some are illegal

November 27, 2023

Airing on WBUR on Nov. 27, 2023, Simón Rios interviewed NCLC Senior Attorney Ariel Nelson for coverage of apartment application fees. Amid a region-wide housing shortage, advocates say application fees are on the rise, even when they’re not allowed. Where allowed, application fees can be used for legitimate reasons — like to pay firms that…

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Los Angeles Times: Citibank employees called them ‘Armenian bad guys’ and canceled their accounts. Now they’re suing

November 27, 2023

Originally appearing in the Los Angeles Times on Nov. 27, 2023, Laurence Darmiento covers Citibank’s account closures and allegations of violations of fair lending laws. Lauren Saunders, associate director of the National Consumer Law Center, said that banks have a responsibility to look out for illegal activity such as accounts being used by drug cartels and for…

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The Hill: For mortgage applications, two credit reports are better than three

November 8, 2023

In an op-ed originally appearing on Nov. 8, 2023, in The Hill, NCLC Senior Attorney Chi Chi Wu discusses how the Big Three credit bureaus are trying to convince policymakers that forcing consumers to purchase three credit reports and six scores to get approved for a mortgage is somehow better for consumers than only requiring…

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Reuters: Payments app Zelle begins refunds for imposter scams after Washington pressure

November 13, 2023

Originally appearing in Reuters on Nov. 13, 2023, Hannah Lang talks to NCLC Senior Attorney Carla Sanchez-Adams about how banks on the payment app Zelle have begun refunding victims of imposter scams to address consumer protection concerns raised by U.S. lawmakers and the federal consumer watchdog, in a major policy change. Still, regulations mandating imposter…

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NPR: Will the VA stop thousands of veterans from losing their homes?

November 16, 2023

Originally appearing in NPR on Nov. 16, 2023, Chris Arnold and Robert Benincasa talk to NCLC Senior Attorney Steve Sharpe about the many Veteran homeowners at risk and growing pressure on the U.S. Department of Veterans Affairs to stop foreclosing on Veterans. “There should be a pause on foreclosures. Veterans should really be able to…

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2023 Update: Some States Tighten Rules Against High-Cost Installment Loans; Others Increase Interest Rates and Allow Junk Fees to Pile On

November 21, 2023

Clear Rate Caps that Prevent Evasions are Critical to Protecting Consumers from Unaffordable Loans

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Newsroom

WBUR: For many renters, apartment application fees add up. Some are illegal

Los Angeles Times: Citibank employees called them ‘Armenian bad guys’ and canceled their accounts. Now they’re suing

The Hill: For mortgage applications, two credit reports are better than three

Reuters: Payments app Zelle begins refunds for imposter scams after Washington pressure

NPR: Will the VA stop thousands of veterans from losing their homes?

2023 Update: Some States Tighten Rules Against High-Cost Installment Loans; Others Increase Interest Rates and Allow Junk Fees to Pile On

Support NCLC