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nclc4consumers.bsky.social
NCLC works across several issues facing consumers to stop exploitative practices, help financially stressed families build and retain wealth, and advance economic fairness. #ProtectConsumers
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“Senator Rounds and Representative Norman’s bill would yank away an important protection from 15 million hardworking Americans and allow #MedicalDebt to keep damaging their credit scores,” said @chichiwu.bsky.social #ProtectConsumers #HandsOffCFPB www.nclc.org/congress-wan...

The #CFPB's mission to #ProtectConsumers & hold companies that violate the law accountable creates a clearer path to success for companies that 𝐩𝐥𝐚𝐲 𝐛𝐲 𝐭𝐡𝐞 𝐫𝐮𝐥𝐞𝐬. #HandsOffCFPB @crlonline.bsky.social #CAW2025 www.responsiblelending.org/media/small-...

The rule will help reduce the tens of billions of telemarketing robocalls and allow telephone service providers to better identify and focus on blocking dangerous scam calls that rob consumers blind. #EndRobocalls #ProtectConsumers www.nclc.org/consumer-pri...

The #CFPB’s mission to #ProtectConsumers is worth fighting for! We’re on Capitol Hill this week for 2025 Consumer Advocacy Week. Our message is simple: #HandsOffCFPB, keep the $5 cap on big bank overdraft fees, and keep medical debt off credit reports! #CAW2025

We’re on Capitol Hill this week speaking to lawmakers about the importance of the #CFPB and its mission to #ProtectConsumers. Who can we count on to stand up and #DefendCFPB? #HandsOffCFPB #CAW2025

David's identity was stolen, and a $25K loan was taken out in his name. The CFPB resolved it in weeks. Tell Congress to oppose efforts to shut down the CFPB here: https://act.consumerreports.org/HOINw4S?EXTKEY=YSOCIAL_BS #handsoffCFPB #DefendCFPB

“Congress always hears from corporate lobbyists and billionaires pushing to dismantle the CFPB … “It's time lawmakers hear from the ordinary consumers, the families living paycheck-to-paycheck." #ProtectConsumers #HandsOffCFPB #CAW2025 www.nclc.org/advocates-fr...

The #CFPB rule to drop #BigBank overdraft fees from $35 to $5 reduces surprise (misnamed “courtesy”) overdraft fees to the bank’s costs, while allowing safer, more transparent overdraft lines of credit with no price limit. #ProtectConsumers #HandsOffCFPB www.nclc.org/resources/ov...

“Are members of Congress going to help a corporate wrongdoer like Wells Fargo keep the $1 billion a year in overdraft fees, or will they side with ordinary people who are struggling with high prices and need those fees to go down from $35 to $5?" #ProtectConsumers www.nclc.org/congresss-mo...

“Had the administration and leadership of the #CFPB not changed in January, the CFPB would have mounted a vigorous defense of the Overdraft Rule in this Litigation,” wrote U.S. District Judge Carlton W. Reeves. "It is the voice of ordinary people.” #ProtectConsumers www.nclc.org/court-permit...

Rep. Maxine Waters has us pumped up to go to work to #DefendCFPB and its mission to #ProtectConsumers. @nclc4consumers.bsky.social is joining hundreds of others to meet with members of Congress next week to get them on board! #CAW2025 #HandsOffCFPB

Who better to help us kickoff Consumer Advocacy Week 2025 than former #CFPB Director Rohit Chopra. He knows exactly how important the CFPB is. We’re meeting with members of Congress next week to make sure they know, too. #ProtectConsumers #HandsOffCFPB #CAW2025

“Senators should not be in the business of removing vital consumer protections for our soldiers and sailors...The Big Tech payment rule was a welcome protection for servicemembers and their families, and senators shouldn’t take it away." #ProtectConsumers #HandsOffCFPB www.nclc.org/senate-cfpb-...

“Members of Congress should side with voters who are struggling with high prices, not Wells Fargo, Chase and other big banks that reap billions in profits from hidden fees on people trying to make ends meet." #JunkFees #ProtectConsumers #HandsOffCFPB www.nclc.org/276-groups-o...

Long Islanders are particularly exposed to overdraft fees because the region is served by Chase & Wells Fargo, banks that led the industry in overdraft revenue. Overdraft fees are a profit center for banks. 𝐓𝐡𝐞𝐲 𝐚𝐫𝐞 𝐞𝐱𝐩𝐥𝐨𝐢𝐭𝐢𝐧𝐠 𝐩𝐞𝐨𝐩𝐥𝐞." #ProtectConsumers #HandsOffCFPB www.newsday.com/long-island/...

“This sends a dangerous signal that the Administration is willing to allow free rein to the oligopoly of companies that constitute the single worst source of complaints & ruin the economic reputation & lives of so many consumers.” @chichiwu.bsky.social #ProtectConsumers www.nclc.org/cfpb-dismiss...

"The cases dismissed today actually underscore why the CFPB's work is so essential to investigate practices that are draining hard-earned money from the pockets of everyday people," said Lauren Saunders @nclc4consumers.bsky.social. #DefendCFPB #ProtectConsumers www.npr.org/2025/02/27/n...

Reducing the #RacialWealthGap involves increasing access to homeownership for first time homebuyers & slowing the rate of home loss. Heirs property is a significant driver of land loss in communities of color. #BlackHistoryMonth #ProtectConsumers www.nclc.org/resources/ke...

Join Erin Witte and other top experts from the SBPC, including the former head of enforcement from the CFPB to respond to the news that Trump leadership at the CFPB dismissed a slew of enforcement actions totaling billions of dollars in consumer harm. Today at 11:00 a.m. ET

"Voters in the last election expressed their dismay with high prices, yet the Administration is stopping the essential work to stop corporate abuses that take billions from people every year," - Lauren Saunders @nclc4consumers.bsky.social. #ProtectConsumers #CFPB @npr.org www.npr.org/2025/02/27/n...

Voters in the last election expressed their dismay with high prices, yet the Administration is stopping the essential work to stop corporate abuses that take billions from people every year. We urge the Administration to let the #CFPB get back to work. #ProtectConsumers www.nclc.org/cfpb-abruptl...

“I felt my stomach sink to the floor” — a credit counselor, when news broke that Trump officials were closing the Comsumer Financial Protection Bureau. We also hear from @nclc4consumers.bsky.social on the fight to re-open it. armandalegshow.com/episode/cfpb/

Black workers are the most likely to be subject to mandatory arbitration. NCLC's Consumer and Worker Arbitration Provisions is the definitive manual on how to challenge arbitration requirements. Read Chapter 1 for free. #BlackHistoryMonth #ProtectConsumers library.nclc.org/book/consume...

“We are now seeing what it means for the Trump Admin to destroy the #CFPB — it is letting off scot-free a deceptive company that claimed 0% APR for payday loans of 400%+ APR, with interest disguised in fake tips." @cnn.com #ProtectConsumers #DefendCFPB us.cnn.com/2025/02/25/b...

Andrea Campbell @massago.bsky.social: "Some call the #CFPB a rogue agency when in fact the agency is taking on corporations that have gone rogue"

With the CFPB under a stop-work order and apparently unwilling to defend a rule removing medical debt from credit reports, a coalition is asking for permission to defend the rule in federal court. www.nclc.org/to-defend-ru...

The CFPB has dismissed an enforcement action that it had filed last year against #SoLoFunds for deceiving borrowers and illegally extracting fees. Now states have to pick up the pieces against a company that's deceiving borrowers and ignoring rate caps. www.nclc.org/cfpb-drops-l...

"Under these rules, the [Bureau of Prisons] ... [t]hrough a series of complex and legally dubious formulas, seize a portion of the money that incarcerated people receive from their families and friends, making it even more difficult for incarcerated people to meet their basic needs behind bars."

Lesley Stahl reports on President Trump’s efforts to halt the work and cut the funding of the Consumer Financial Protection Bureau, an enforcement agency that was created in response to the 2008 financial crisis. 60 Minutes, Sunday.

Former CFPB Director Rohit Chopra joins @aaronparnas.bsky.social to discuss how Trump + Musk are gutting consumer protections, letting Big Banks & Tech run wild. "I don't think we want to go back to a system where we have laws on the books protecting consumers but no one actually enforcing them."

“Tim Scott is fighting to bring back excessive predatory overdraft fees—lining the pockets of big banks at the expense of working families…South Carolinians deserve leaders who put people over profits." #ProtectConsumers #JunkFees #DefendCFPB www.abccolumbia.com/2025/02/20/t...

With the CFPB told to stop its work, millions of consumers’ hopes of restitution may be lost if the CFPB abandons its enforcement cases against companies that mistreated customers.

Almost everything in prison has a price tag, and products are often marked up. Most people, whether they have a work assignment or not, rely on outside support to meet their basic needs. #CriminalJustice #ProtectConsumers @prisonpolicy.bsky.social www.prisonpolicy.org/blog/2025/02...

Heirs property makes up 𝐦𝐨𝐫𝐞 𝐭𝐡𝐚𝐧 𝐡𝐚𝐥𝐟 of the real 𝐩𝐫𝐨𝐩𝐞𝐫𝐭𝐲 𝐨𝐰𝐧𝐞𝐝 𝐛𝐲 𝐁𝐥𝐚𝐜𝐤 𝐀𝐦𝐞𝐫𝐢𝐜𝐚𝐧𝐬. Our report provides recommendations for states to tackle home loss by addressing heirs property. #RacialWealthGap #BlackHistoryMonth #ProtectConsumers www.nclc.org/resources/ke...

What's happening with #StudentLoans and the Department of #Education? Watch now as @debtcrisisorg.bsky.social guest hosts Sabrina Calazans and Sabrina Cereceres are joined by @nclc4consumers.bsky.social's Abby Shafroth to answer these questions and more. youtu.be/JoALLgk3KlE

“The regulation was widely supported as a means to restore trust in the U.S. telephone system." By cutting the onslaught of telemarketing calls, providers will be better able to identify & block dangerous scam calls. #EndRobocalls @publicjustice.bsky.social www.nclc.org/after-fcc-ab...

Wow. Less than a month into the Trump presidency, and they're already giving big banks the green light to gouge consumers with junk fees. Time to put every Republican on-record: will you support *increasing* junk fees on your constituents?

Have you had your account on X locked, suspended, or banned because of something you posted about #ElonMusk, #DOGE, or #Trump? We want to hear from you: www.research.net/r/x-account-...

At the behest of Wall Street donors, Congressional Republicans are trying to overturn the CFPB's new rule against predatory overdraft fees. The rule would have capped overdraft charges at $5, saving consumers $5B annually. The GOP is the party of junk fees.

📣 We have an exciting announcement!📣 @chichiwu.bsky.social from @nclc4consumers.bsky.social, will be the keynote speaker at our 13th Annual #FairHousing Conference. Ms. Wu's work at NCLC focuses on consumer #credit issues. For her complete bio & to register, visit: www.fhcci.org/events/fair-...

“The severity of this attack on the #CFPB cannot be overstated,” said Carla Sanchez-Adams @nclc4consumers.bsky.social. "Financial companies have proven time and again that they cannot police themselves.” @telemundo52.com #ProtectConsumers #DefendCFPB www.telemundo52.com/tu-dinero/co...

“The Consumer Financial Protection Bureau takes the side of ordinary people and honest businesses," said Richard Dubois @nclc4consumers.bsky.social. "Without it we could return to the days before the 2008 financial crisis." #ProtectConsumers #DefendCFPB www.nclc.org/lawsuit-chal...

“Republican leadership is siding with Wells Fargo & other big banks over working families...People should let their legislators know that they need Congress to help them deal with high costs & inflation, not help rich banks get richer at their expense.” #ProtectConsumers www.nclc.org/bill-to-over...

“The #CFPB was established to take the side of ordinary people when Wall Street banks and big corporations rip you off ... Getting rid of the CFPB will just let Wall Street banks and corporate predators run amok.” #ProtectConsumers #DefendCFPB @alanasemuels.bsky.social time.com/7222139/cons...

“This rule to provide relief to the 15 million people harmed by the reporting of medical debt had been in the works for several years, and was legitimately and lawfully issued before the new Administration took office." @chichiwu.bsky.social #ProtectConsumers #DefendCFPB www.nclc.org/consumers-an...

“The public broadly thinks that #overdraft fees are unfair and #MedicalDebt shouldn’t be on #CreditReports. If you ask ordinary people, these are not partisan issues.” #ProtectConsumers #DefendCFPB #CFPB #JunkFees @abcnetwork.bsky.social @apnews.com abcnews.go.com/Business/wir...

C-F-P-B! #ProtectConsumers #DefendCFPB

“The illegal actions to shut down the #CFPB halt work to safeguard your private information, protect you when hackers raid your bank account, and help you save your home when you are being unfairly rushed to #foreclosure," said NCLC's Lauren Saunders. #ProtectConsumers www.nclc.org/unlawful-shu...

"The CFPB forced Wells Fargo to pay billions for creating 16 million fake accounts & required the credit bureaus to fix mistakes damaging millions of credit reports, but that type of work has now screeched to a halt." #ProtectConsumers #DefendCFPB www.nclc.org/unlawful-shu...