NCLC submitted comments supporting and urging additional protections for proposed New York regulations implementing the Buy Now Pay Later Act.
Read More about Comments on New York Buy Now, Pay Later Proposed Regulations
Amicus submitted by NCLC and the Center for Responsible Lending in a United States District Court case in Oregon: NAIB v. O’Day (Case No.: 6-26-cv-01201-AA)
NCLC argues that the FCC’s regulation requireing prior express written consent for telemarketing robocalls is valid and enforceable. The rule was properly enacted under the authority Congress delegated to the FCC in the Telephone Consumer Protection Act, ancillary authority, and the Do-Not-Call Implementation Act.
NCLC is among 118 undersigned consumer, civil rights, and community organizations that urged Congress to defend and strengthen interest rate limits and transparency to address the affordability crisis by: ● Insisting that the Trump Administration deny applications from Enova and OppFi, lenders that charge annual interest rates of 100% APR and higher, to become national…
Read More about Letter Opposing Predatory Bank Loans and HR 7866, Supporting Rate Caps
As utility bills continue to rise, policymakers must address the ongoing energy affordability crisis in Georgia.
Read More about What Georgia Can Do to Improve Energy Affordability
This issue brief provides a range of policies that can keep families connected to essential utility service and help maintain affordable home energy.
Read More about Lowering Household Utility Costs: A Policy Roadmap for State Action
This comment letter from 79 groups calls on the Office of Management and Budget to reject HUD’s redesigned housing discrimination complaint form, which would end the agency’s practice of accepting complaints in languages other than English, including for violations related to housing-related domestic violence complaints. The comment argues that the changes violate the Fair Housing…
This letter urges Congress to reject H.R. 7886 (Davidson), American Lending Fairness Act. States currently have the right to opt out of the federal law (the Depository Institutions Deregulation and Monetary Control Act of 1980 (DIDMCA) that allows state-chartered banks to ignore rate limits outside their home state. Many predatory nonbank lenders use “rent-a-bank” schemes…
Read More about Letter in Opposition to H.R. 7866 (Davidson), the American Lending Fairness Act
Passing a family home to the next generation is one of the surest ways to create financial stability and generational wealth. But when the next generation doesn’t have clear title to the home or land, families face significant barriers to retain ownership of “heirs property”—property that passes from one generation to the next without a…
Read More about Clearing a Path: How Heirship Affidavits Help Families Document Inherited Property
This messaging bill sponsored by Sen. Blumenthal would repeal multiple aspects of the higher education portions of the Big Bill Act.
Read More about Endorsing OBBBA Repeal on Federal Student Aid and College Accountability
AB 2116 establishes an oversight framework and transparency about the products and costs associated with the product that a commercial broker offers small business owners on behalf of a high-cost commercial lender.
Read More about Broad SUPPORT for AB 2116 (Schiavo) – California Financing Law
In response to a request for information by Representative Maxine Waters and House Financial Service Committee members, the National Consumer Law Center submitted comments on the application of consumer protection law to use of AI in the financial marketplace. Our comments:
Read More about Comments in Response to Congressional RFI on AI in the Financial Marketplace
