NACA to DoD: Decision on MLA Hurts Military Car Buyers

…Defense’s retreat from its rule interpretation on auto financing under the MLA. This recent action only increases the likelihood of harm and additional financial distress on military consumers. Download PDF

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NACA Joins Coalition Letter Opposing the Midnight Rules Relief Act, H.R. 77

…would amend the Congressional Review Act to allow the simultaneous disapproval of dozens of regulations finalized near the end of presidential terms with a single joint resolution. Download PDF  …

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NACA Joins Letter to Illinois Supreme Court Calling for Action on Bank Account Freezes

…activities during the COVID-19 pandemic have left some consumers with no way of lifting the freezes or receiving exemptions.A copy of the proposed court order is available here. Download PDF

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NACA Joins Call to Congress to Ensure Stimulus Payments are Exempt from Garnishment

NACA joins consumer groups and banking industry associations to urge Congress to clarify that individual stimulus payments are not subject to garnishment. Download PDF

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NACA Joins Coalition Opposing Immunity for Unsafe Businesses During COVID-19

…congressional leaders opposing any legislation that would create immunity for businesses that operate in an unreasonably unsafe manner and expose workers and consumers to risk of COVID-19 infection. Download PDF

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NACA Leaders to CFPB: Be More Vigilant Against Financial Abuses During COVID-19 Crisis

…their concerns that CFPB’s activities so far, nearly two months since the presidential declaration of emergency, are insufficient to stem the serious financial troubles that threaten working families. Download PDF

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NACA Joins Coalition of Over 1500 Groups Opposing Drastic Staffing Cuts at HUD

…including NACA, sent a letter urging Congress to oppose efforts to terminate at least half of all employees at the U.S. Department of Housing and Urban Development. Download PDF  …

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Additional Examples in Support of Petition to End Yo-Yo Financing Abuses

…the agency to end yo-yo financing abuses. In support of the petition, NACA submitted comments providing additional examples of how yo-yo tactics harm consumers in the auto marketplace. Download PDF

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NACA Calls on CFPB to Take Action on Forced Arbitration to Address Junk Fees

…of Consumer Financial Products or Services. The comment urges the Bureau to protect consumers harmed by junk fees by restarting its previous work to limit forced arbitration. Download PDF  …

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