Appears on
Articles11
Take Action: Urge Denial of OppFi’s 160% APR National Bank
Sweeping Guidance for Federal Funding Alarms Advocates, As New Political Scrutiny Creates Uncertainty for Families Struggling with Unaffordable Energy Bills
Consumer advocates are sounding the alarm over a wide-ranging proposal from the Office of Management and Budget (OMB) to change how decisions about federal funding are made. The post Sweeping Guidance for Federal Funding Alarms Advocates, As New Political Scrutiny Creates Uncertainty for Families Struggling with Unaffordable Energy Bills appeared first on NC
CFPB Takes Further Steps to Suppress Consumer Complaints
New Actions Targeted at Discouraging People from Challenging the Big Three Credit Reporting Companies The post CFPB Takes Further Steps to Suppress Consumer Complaints appeared first on NCLC .
Illinois Passes Law to Protect Buy Now, Pay Later Borrowers
Buy-Now-Pay-Later Lenders Must Be Licensed in Illinois and Clearly Disclose Costs to Borrowers The post Illinois Passes Law to Protect Buy Now, Pay Later Borrowers appeared first on NCLC .
Digital Library: Supreme Court Limits Landmine Lurking in Many Consumer Cases
The unanimous ruling in Keathley rejects a commonly applied test for judicial estoppel and sends a clear message that application of judicial estoppel based on a prior bankruptcy has gotten out of hand. The post Digital Library: Supreme Court Limits Landmine Lurking in Many Consumer Cases appeared first on NCLC .
Congress Ignores Affordability Crisis With Legislation to Supercharge Predatory Lending and Boost Harmful Credit Reporting
WASHINGTON – During the House Financial Services Committee markup on Tuesday, members are expected to vote on at least four pieces of legislation that would harm families living paycheck to paycheck and struggling with affordability and access to credit. If enacted, these bills would expand payday loans aimed at low wage workers and make it… The post Congres
American Banker: Compliance expectations muddied with immigration advisory
Appearing in American Banker on June 12, 2026, Ebrima Santos Sanneh talks to NCLC Senior Attorney Carla Sanchez-Adams about an advisory that could discourage banks from serving immigrant communities and small businesses operating in industries identified as higher risk by regulators. “The Trump Administration is trying to use the banking system to throttle e
Forbes: Security Deposit Payment Plans Could Cost More Than A Traditional Deposit, Report Finds
Appearing in Forbes Advisor on June 8, 2026, Kristen Grau talks to NCLC Senior Attorney April Kuehnhoff about how some renters are turning to security deposit installment plans to lower move-in expenses, and how a new NCLC report finds these products can come with terms and fees that make them more expensive than traditional security… The post Forbes: Securi
USA Today: Parent PLUS borrowers risk forgiveness, repayment options after July 1
Appearing in USA Today on June 18, 2026, Medora Lee cites NCLC’s Student Loan Borrower Assistance blog post in coverage of federal student loan changes scheduled to take effect July 1. Experts say Parent PLUS borrowers urgently need to take action or face irreversible consequences. Borrowers should go to studentaid.gov to review repayment options now rather
Digital Library: Federal Attack on Immigrant Banking and Credit
A May 19 Executive Order and federal agency statements on June 5 and June 8 target immigrant access to banking and credit. This article explains the short-term and longer-term implications of the Executive Order and the two federal agency statements for immigrants. The post Digital Library: Federal Attack on Immigrant Banking and Credit appeared first on NCL
Digital Library: Major July Changes to Federal Student Loan Repayment
Beginning in July 2026, federal student loan repayment options are changing dramatically because of new “RISE” regulations implementing last summer’s reconciliation bill, the One Big Beautiful Bill Act (OBBBA) (Pub. L. No. 119-21, 139 Stat. 72), and also settlement of the litigation in Missouri v. Trump, No. 4:24-cv-00520 (E.D. Mo. Mar. 10, 2026) that result