NACA Joins Letter to DC Council in Support of Debt Collection Reforms

…the DC Council in support of the Debt Buying Limitation Amendment Act of 2019 in anticipation of a wave new debt collection activity after emergency COVID-19 protections expire. Download PDF

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NACA Joins Letter in Support of Payment Choice Act

…in support of the bipartisan Payment Choice Act which would preserve the right of consumers to pay with cash at retail locations. Cashless businesses unfairly disadvantage underbanked communities. Download PDF

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Nat’l Groups Oppose OCC “True Lender” Proposal That Would Preempt State Laws

…usury laws. The proposal would eliminate state interest rate limits for nonbank predatory lenders in every state as long as a bank’s name is in the fine print. Download PDF

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NACA and Law Student Advocates Submit Comments to CFPB on Overdraft Proposal

…School of Law and UC Berkeley School of Law to submit comments to the Consumer Financial Protection Bureau in support of its proposed rule to limit overdraft fees. Download PDF

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Public Interest Groups Urge Pennsylvania Legislature to Provide Utility Assistance

…groups on a letter asking the Pennsylvania General Assembly to allocate a portion of the state’s CARES Act funding to cover outstanding utility bills for vulnerable Pennsylvania residents. Download PDF

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NACA Joins Letter to Congress Calling for Scrutiny of AI

Public interest groups, including NACA, sent a letter to congressional leaders expressing concern over the potential harmful impact of AI on consumers and other communities. Download PDF    …

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Public Interest Groups Submit Comment to CFPB in Support of Overdraft Rule

…and community groups to submit a comment to the Consumer Financial Protection Bureau in support of its proposed rule to rein in overdraft fees charged by large banks. Download PDF

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NACA Joins Letter Thanking Senator Sherrod Brown for His Strong Stance on Fintech

…traditional financial firms. Under the banner of “innovation” fintech firms have attempted to skirt regulatory oversight and engage in anti-consumer activities that could jeopardize our financial system’s stability. Download PDF

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NACA and Consumer Groups Submit Petition for Rulemaking on Forced Arbitration to CFPB

…to restrict forced arbitration clauses in consumer financial services contracts to ensure consumers can make more meaningful choices about where to take their claims when they are harmed. Download PDF

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