News from national consumer law center A wide array of domestic and global news stories; news topics include politics / government, business, technology, religion, sports/entertainment, science/nature, and health/lifestyle. Articles that appear in this section may be written in English or other languages, as well.

Jan 29, 2013, 14:01 ET

States Save Unemployed Workers Millions By Reducing Prepaid Debit Card Fees

But Some States Still Violate Federal Law by Refusing to Offer Direct Deposit Download the full report, including rating and fees charts for each...

Sep 24, 2012, 10:46 ET

NCLC: Banking Regulator Slams Urban Trust Bank, Issuer of Prepaid Card Payday Loans

OCC Finds Legal Violations and Unsafe Banking Practices  The government overseer of large banks, the Office of the Comptroller of the...

Jul 10, 2012, 09:13 ET

Tax Lien Sales: Elderly Are Losing Homes While Investors Reap Big Profits

Report Documents a Looming National Crisis; States Urged to Reform Tax Laws Download a PDF of the full report:...

Jun 07, 2012, 10:00 ET

Prepaid Utility Service Programs Pull the Plug on Vulnerable Customers

Elderly, Seriously Ill and Children at Risk as Programs Spread Throughout U.S. Download the executive summary or full...

May 03, 2012, 17:02 ET

Bank Regulator Urged to Stop Community Choice Financial Inc., Going Public May 8, From Using Prepaid Card Payday Loans to Evade State Law

The following is a news release by National Consumer Law Center:   The payday lender CheckSmart is using bank-issued prepaid cards to evade...

Apr 11, 2012, 09:16 ET

Criminal Background Checks: Rampant Errors Cost Workers' Jobs and Skirt Federal Law

The National Consumer Law Center Urges Action to Hold Companies Accountable Download the full report, including examples of how real people have...

Feb 06, 2012, 10:58 ET

Foreclosure Mediation Can Save Millions of Homes and Taxpayer Money

  National Consumer Law Center Report Urges All States to Quickly Adopt Strong Programs Download a PDF of the full report, executive...

Jan 17, 2012, 11:07 ET

One Last Bite: Final Year For Bank Tax Refund Anticipation Loans

One Last Bite: Final Year For Bank Tax Refund Anticipation Loans Consumer Advocates Recommend Cheaper Alternatives for Getting Refund Fast...

Dec 09, 2011, 14:36 ET

Consumer Advocates Praise FDIC Settlement to End RALs from Republic Bank & Trust

Advocates at the Community Reinvestment Association of North Carolina (CRANC), the Consumer Federation of America (CFA), and the National Consumer...

Dec 01, 2011, 12:28 ET

New Report: State Oversight of For-Profit Schools Needs Major Improvement

NCLC Issues Wake-Up Call for States to Protect Students and Taxpayers from Fraud  As for-profit post-secondary schools have rapidly...

Sep 14, 2011, 10:49 ET

Consumer Advocates Applaud H&R Block Decision to Forego RALs and Urge Republic, Jackson Hewitt and Liberty to Stop Making High Cost Loans

Consumer advocates at the National Consumer Law Center (NCLC), Consumer Federation of America (CFA) and Community Reinvestment Association of North...

May 10, 2011, 14:04 ET

Prepaid Cards for Unemployed Workers: Who Holds the Winning Hand?

National Consumer Law Center Reviews 40 States' Unemployment Compensation Prepaid Cards Many of the 13 million Americans who are unemployed are...

May 09, 2011, 15:01 ET

Consumer Advocates: FDIC Action Shows RALs are Unsafe and Unsound

$2 Million Fine Proposed Against Republic Bank Consumer advocates at the National Consumer Law Center (NCLC) and Consumer Federation of America...

Feb 23, 2011, 13:48 ET

New Treasury Rule Protects Social Security, VA, Other Federal Benefits

National Consumer Law Center Advocate Applauds New Rules A federal rule issued today that strengthens protections for bank accounts used to...

Feb 11, 2011, 14:46 ET

Consumer Advocates Applaud FDIC Action Against Unsafe and Unsound Refund Anticipation Loans

Advocates at the National Consumer Law Center (NCLC), the Community Reinvestment Association of North Carolina (CRANC), and the Consumer Federation...

Jan 31, 2011, 09:55 ET

NCLC's 'Piling It On: The Growth of Proprietary School Loans and the Consequences for Students' Released Today: Link to Report Below

Proprietary school loans viewed as loss leaders to keep federal aid flowing, attractive to investors, harm students Many for-profit (or...

Jan 07, 2011, 18:49 ET

New Law Protects Cars, Wages, Bank Accounts from Debt Collectors

Creditors collecting debts in Massachusetts can no longer take assets that consumers need for work and to survive, including automobiles worth up...

Jan 06, 2011, 16:08 ET

Major Changes for Tax Refund Loans: Fewer Loans Available, but More Pricey

Consumer Advocates Recommend Cheaper Alternatives for Getting Refund Fast Significant developments in the refund anticipation loan (RAL)...

Nov 18, 2010, 12:20 ET

Beyond the Credit CARD Act: Features of a Safer Credit Card

New NCLC Policy Brief Recent reforms have curbed many credit card abuses, but credit cards can still be made considerably safer, explains a new...

Nov 18, 2010, 10:47 ET

Congressional Fuel Aid Cuts Threaten to Leave Millions of Families in the Cold

Consumer advocates at the National Consumer Law Center and the National Community Action Foundation are calling on Congress to restore funding to...