Newsroom

NPR: Massachusetts is going after a company collecting on 'zombie second mortgages

November 1, 2024

A Airing on NPR on November 1, Chris Arnold talks to NCLC senior attorney Andrea Bopp Stark about how the Massachusetts AG is cracking down on a company collecting on “zombie second mortgages” — old loans that homeowners thought were dead but rise from the grave. “I think it’s groundbreaking. I think it’s really hopeful,…

Read More about NPR: Massachusetts is going after a company collecting on 'zombie second mortgages
CNBC: Here’s how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven

November 2, 2024

Appearing in CNBC on November 2, 2024, Annie Nova talks to NCLC staff attorney Anna Anderson about the difficult process disabled borrowers face when navigating the student loan debt forgiveness process. “Even the borrowers who allegedly have access to it, it’s still very, very difficult for them to actually seek and receive a discharge.” Anna…

Read More about CNBC: Here’s how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven
The Hill: ‘Positive’ medical debt credit reporting is a Trojan horse

November 6, 2024

In an op-ed appearing in The Hill on November 6, 2024, NCLC senior attorney Chi Chi Wu calls the Reporting Medical Debt Payments as Positive Consumer Credit Information Act of 2024 a “Trojan horse”, with hidden traps and backward steps for consumers. One of the biggest problems with the bill is that it simply doesn’t…

Read More about The Hill: ‘Positive’ medical debt credit reporting is a Trojan horse
Continuing the Fight for Economic Justice

November 6, 2024

The results of yesterday’s presidential election pose serious challenges for low-income consumers, consumer advocates, and everyone in the fight for racial and economic justice. The first Trump administration undermined core consumer protections and attacked policies that promoted racial and economic justice. Working with our broad community of allies and partner organizations, we were effective in…

Read More about Continuing the Fight for Economic Justice
Money: New CFPB Rule Could Make It Easier to Switch Banks

October 22, 2024

Appearing in Money Magazine on October 22, 2024, Martha C. White discusses the longer-term benefits of cash-flow underwriting with NCLC senior attorney Chi Chi Wu. “We think it’s a promising alternative to traditional credit reports and credit scores,” she says, adding that it could lead to better, more accurate determinations of borrowers’ creditworthiness than traditional…

Read More about Money: New CFPB Rule Could Make It Easier to Switch Banks
Consumer Advocates Urge Regulators to End Predatory Bank-Fintech Partnerships

October 31, 2024

WASHINGTON — The Center for Responsible Lending (CRL), National Consumer Law Center (NCLC), and the Student Borrower Protection Center (SBPC) submitted comments urging bank regulators to end bank-fintech partnerships that engage in predatory lending, evade the law, and pose a high risk of unfair, deceptive, or abusive practices and violations of consumer protection laws. “Banks should…

Read More about Consumer Advocates Urge Regulators to End Predatory Bank-Fintech Partnerships

Support NCLC

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

Donate

Newsroom

NPR: Massachusetts is going after a company collecting on 'zombie second mortgages

CNBC: Here’s how an 86-year-old grandmother got her nearly $32,000 private student loan debt forgiven

The Hill: ‘Positive’ medical debt credit reporting is a Trojan horse

Continuing the Fight for Economic Justice

Money: New CFPB Rule Could Make It Easier to Switch Banks

Consumer Advocates Urge Regulators to End Predatory Bank-Fintech Partnerships

Support NCLC