CFPB

NACA in the News: $1 fines from consumer agency were common under Trump. That's about to change.

Release Date: 
January 11, 2021

Los Angeles Times, $1 fines from consumer agency were common under Trump. That's about to change.

"'The CFPB’s once-stellar enforcement record and overall effort to stop illegal activity and hold financial entities accountable became instantly mediocre under the Trump administration,' Christine Hines, legislative director of the National Assn. of Consumer Advocates, told me."

Consumer Groups Urge CFPB to Stop Enforcement Reorganization Plan

Publish Date: 
November 2, 2020
Type: 
legislative

NACA joined 82 other public interest organizations on a letter urging CFPB Director Kathleen Kraninger to abandon a plan to reorganize the Bureau's Division of Supervision, Enforcement, and Fair Lending. The proposed reorganization would drastically weaken the Bureau's Enforcement arm and leave consumers vulnerable to harm from financial institutions.

NACA and Partners Call on CFPB to Reverse Harmful Credit Reporting Guidance

Publish Date: 
September 24, 2020
Type: 
legislative

NACA joined state and national public interest groups on a letter urging the Consumer Financial Protection Bureau to rescind a portion of its April 1, 2020 guidance that allows consumer reporting agencies to exceed the FCRA's statutory deadlines for investigating consumer disputes.

NACA Calls on CFPB to Give Public Easier Access to Consumer Complaint Narratives

Publish Date: 
August 11, 2020
Type: 
legislative

NACA joined consumer, civil rights, community, housing, and privacy organizations on a letter to the Consumer Financial Protection Bureau urging the agency to reconsider changes its made to the Consumer Complaint database. The changes make it overly difficult for the public to navigate the database and to view consumer complaint narratives.

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