NACA joined a letter to congressional leaders urging them to strengthen oversight of COVID-19 related aid to higher education institutions, particularly for-profit colleges, in any future relief packages. Download PDF…
Petition for rulemaking to the Federal Trade Commission urging the agency to take action to ban deceptive yo-yo auto sales. Download PDF…
…light of the extraordinary health and economic crisis this country now faces, puts the U.S. financial marketplace and the millions of consumers who participate in it at risk.” Download PDF…
NACA sends letter to House Financial Services Committee in anticipation of a hearing on the Consumer Financial Protection Bureau’s semi-annual report. Download PDF…
…Earned Wage Access Consumer Act. The draft bill would obscure the true cost of using earned wage access services by exempting providers from the Truth in Lending Act. Download PDF…
…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…
…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…
…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…
NACA Opposes Bill that Would Provide Immunity to Health Care Industry
…to congressional leaders urging them to oppose H.R. 7059, the Coronavirus Provider Protection Act, which would grant health care services and entities, including nursing homes, immunity from lawsuits. Download PDF…
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