CFPB

NACA in the News: Financial consumers may be able to sue banks again (CBS News)

Release Date: 
July 10, 2017

CBS News, Financial consumers may be able to sue banks again

Added Christine Hines, legislative director of the National Association of Consumer Advocates: "Restoring customers' ability to band together in class actions will ensure that American consumers are empowered to help themselves when they are cheated or ripped off by bad actors."

NACA in the News: Consumer bureau cracks down on arbitration clauses (The Hill)

Release Date: 
July 10, 2017

The Hill, Consumer bureau cracks down on arbitration clauses

“We are pleased with this common sense solution to give consumers back their right to go to court when they are systematically cheated or ripped off by big banks or predatory lenders,” said Christine Hines, the NACA’s legislative director.

NACA, 235 Orgs Oppose Resolutions That Would Repeal Prepaid Card Rule

Publish Date: 
April 27, 2017
Type: 
legislative

The undersigned 235 consumer, civil rights, labor and small business organizations strongly urge the U.S. Senate to oppose H.J. Resolutions 73 & 62, which would repeal the Consumer Financial Protection Bureau’s prepaid card protection rule. The resolution would block basic fee transparency and fee disclosure protections set to go into effect on prepaid cards, including payday lender prepaid cards and low-wage employer payroll cards such as those offered by Georgia-based NetSpend.

NACA, Groups Comment on Proposal Regarding Protected-Class Data Collection

Publish Date: 
May 4, 2017
Type: 
legislative

NACA joins public interest organizations on written comments responding to the Consumer Financial Protection Bureau’s proposal to align the requirements of the Equal Credit Opportunity Act (ECOA) with the data collection requirements of the Home Mortgage Disclosure Act (HMDA).

NACA Urges NO vote on "Financial Choice Act" in the U.S. House

Publish Date: 
June 7, 2017
Type: 
legislative

NACA urges U.S. House members to vote NO on the Financial CHOICE Act of 2017 (H.R. 10). The bill would dismantle the Dodd-Frank Wall Street Reform and Consumer Protection Act, passed in 2010 to remedy the flaws in the U.S. economic system that invited reckless conduct and ushered in the 2008 Great Recession. In particular,  NACA urges rejection of the dangerous sections of the bill that aim to sabotage the work and mission of the Consumer Financial Protection Bureau (CFPB).

Don’t turn back the clock on consumer financial protections

Release Date: 
June 2, 2017

Note: The majority leadership of the U.S. House of Representatives today announced that the chamber will vote next week on H.R. 10, the Financial CHOICE Act. Below is our statement.

For Immediate Release:             

Don’t turn back the clock on consumer financial protections

Statement of Ira Rheingold, Executive Director, National Association of Consumer Advocates (NACA)

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