Two letters submitted today by 103 members of the U.S. House of Representatives and the ...
Blog
July 21, 2016 - 4:46pm
| Filed under: Credit Reporting
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...
July 19, 2016 - 11:28am
| Filed under: Forced Arbitration
Last week, American Banker's blog "BankThink," posted a NACA opinion-editorial about the credit union industry...
July 7, 2016 - 12:00am
| Filed under: Other Areas of Interest
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...
July 5, 2016 - 4:15pm
| Filed under: Forced Arbitration
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 ...
May 24, 2016 - 3:48pm
| Filed under: Forced Arbitration
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....
May 9, 2016 - 3:19pm
| Filed under: Forced Arbitration
| Tagged with: CFPB
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....
May 9, 2016 - 3:07pm
| Filed under: Forced Arbitration
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...
March 25, 2016 - 12:09pm
| Filed under: Other Areas of Interest
| Tagged with: taxes
As you all know, NACA has been working on finding a solution to the problem of consumer clients being taxed for their attorney’s fees. After much analysis and input from all of you, we decided that our best course of action was to develop a retainer agreement that would protect...
December 21, 2015 - 12:42pm
| Filed under: Forced Arbitration
In 2015, Banks Banded Together in Class Actions While Attempting to Bar Customers From Doing The Same
Today, Congress passed a $1.8 trillion spending package to fund the U.S. government. The legislation is not perfect, but it’s worth noting happily that many proposed anti-...