Guest Blog by Leslie Bailey and Stacy Bardo, co-chairs of the board of directors
Hi fellow NACA Members!
Whew—with Thanksgiving now in the rearview mirror and 2016 rapidly coming to a close, we figured it was a good time to reach out to you all and check in on some...
Two letters submitted today by 103 members of the U.S. House of Representatives and the ...
Guest Blog by Jeff Nolan and Ralph Young
Juries are continuing to show that they are willing to hold credit funishers accountable for actions that they should take but do not. NACA members Jed Nolan and Ralph Young were recently given a favorable jury ruling in such...
Last week, American Banker's blog "BankThink," posted a NACA opinion-editorial about the credit union industry...
Hello, fellow NACA members!
Now that NACA’s new listserv platform has been operational for a few months, we wanted to take this opportunity to answer some questions that have been raised about how to join a restricted listserv. NACA proudly offers the following Open Listservs to all...
Post by Sophia Huang, NACA's Law and Policy Intern
Some members of Congress seem to have it in for consumer rights and individual liberty. On June 22, Rep. Marlin Stutzman (R-IN) introduced a ...
Today, the Consumer Financial Protection Bureau’s proposed rule to limit forced arbitration was published in the Federal Register. Although the Bureau first released its proposal two weeks ago, the 90-day countdown for the public to submit feedback starts today and closes August 22....
Page updated July 10, 2017
On July 10, the Consumer Financial Protection Bureau (CFPB or Bureau) released its final rule to restrict the use of forced arbitration clauses in consumer financial contracts that prohibit consumers' participation in class action suits....
Financial institutions are so peeved with the real prospect of limiting forced arbitration in their fine-print contracts with customers.
The industry had instituted a clever ploy, created by its corporate lawyers, to insert requirements in companies' standard terms and...