CFPB

NACA, Groups Oppose Attacks on CFPB's Consumer Complaint Database

Publish Date: 
September 13, 2016
Type: 
legislative

NACA joined consumer, fair lending, community and privacy organizations in a letter to U.S. House Financial Services Committee to express strong opposition to provisions in the Financial CHOICE Act (H.R. 5983) that would severely undermine the effectiveness of the Consumer Financial Protection Bureau’s (CFPB) consumer complaint database. The groups
also oppose two similar standalone bills, H.R. 5491 and H.R. 5413 (the CFPB Data Accountability Act).

NACA, Groups Have Concerns with CFPB's Debt Collection Outline

Publish Date: 
September 15, 2016
Type: 
legislative

NACA and other consumer protection, civil rights, and legal services groups sent a letter to Richard Cordray, director of the Consumer Financial Protection Bureau, to express significant concerns with the outline of proposed regulations on third-party debt collection issued by the Consumer Financial Protection Bureau on July 28, 2016.

NACA Submits Comment in Support of CFPB's Proposed Arbitration Rule

Publish Date: 
August 22, 2016
Type: 
legislative

The National Association of Consumer Advocates was pleased to submit comments to the Consumer Financial Protection Bureau’s proposed rule to curb the use of predispute binding mandatory arbitration (forced arbitration) clauses in contracts for consumer financial products and services. NACA commends the CFPB’s exhaustive arbitration study and we support the CFPB’s decision to eliminate terms in contractual arbitration requirements that bar consumers from filing or participating in class actions. Read our comments. 

NACA in the News: "House Passes Bill Allowing Banks To Continue Using “Get Out Of Jail Free” Card"

Release Date: 
July 8, 2016

Consumerist, House Passes Bill Allowing Banks To Continue Using “Get Out Of Jail Free” Card:  “In last night’s vote, Wall Street interests prevailed over the interests and rights of American consumers,” says Christine Hines, legislative director for the National Association of Consumer Advocates.

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