December 2, 2024By Shannon ClarkNCLC Asks States to Cap APRs on Installment LoansThe National Consumer Law Center is urging states to restrict the annual percentage rate at 36% for loans with balances of up to $1,000 and lower limits for larger loans.
November 18, 2024By Shannon ClarkNCLC Asks CFPB, States to Subject HEIs to Mortgage LawsHome equity investment products are “loans masquerading as obligation-free cash,” according to the National Consumer Law Center.
November 18, 2024By Shannon ClarkCFPB Calls on States to Fill Gaps in Data Privacy LawsThe CFPB is asking states to heighten their efforts to tighten data privacy protection and close gaps with federal laws.