NACA and 103 other small business, nonprofit, consumer, community, human rights, and civil rights organizations sent a letter to congressional leaders urging them to adopt debt collection protection provisions from HEROES Act in the next COVID-19 recovery package. The provisions are necessary to give consumers, small businesses, and non-profits a path towards financial recovery.
"Christine Hines, legislative director for the National Assn. of Consumer Advocates, said she believes 'debt collection will only intensify in the coming months' as millions of Americans struggle to make ends meet amid job losses and pay cuts."
Consumer financial harms stemming from the COVID-19 pandemic will only worsen in communities across the country if the Consumer Financial Protection Bureau (CFPB) does not vigorously enforce the consumer protection laws under its jurisdiction, state leaders of the National Association of Consumer Advocates (NACA) warned today.
NACA Ohio members sent a letter to Chief Justice Maureen O'Connor of the Ohio Supreme Court urging the immediate suspension of all non-emergency landlord-tenant hearings, debt collection hearings, and foreclosures.
NACA members in Ohio sent a letter to State Attorney General Dave Yost calling on his office to suspend collection of debts owed to the state, particularly student and medical debt, during the ongoing COVID-19 emergency.
"'Credit has become a substitute for people who don’t have enough money—they can’t afford health care, they don’t make a living wage, and their car breaks down,” says Ira Rheingold, executive director of the National Association of Consumer Advocates. “Being in debt is not a character flaw. It’s a sign that they don’t have enough.'"
NACA and 35 other consumer, privacy, civil rights, and public interest organizations submitted a comment to the Consumer Financial Protection Bureau outlining privacy concerns raised by the Bureau's proposed rule on debt collection practices. If the rule is finalized as written, the CFPB may be opening the door to increased privacy abuse and security problems. All comments submitted by or on behalf of NACA are available here.