ALERT for NL Members and Clients

June 8, 2017: CFPB Director Richard Cordray announced that the Bureau will combine consideration of first-party creditors and third-party debt collectors for the “right consumer, right amount” aspect of its debt collection rulemaking. They received massive feedback with concerns from… Read More ›

The Battles over Payday Loans

Payday loans, sometimes called “cash advances,” “check loans” or “title loans” provide consumers with quick, short-term access to cash in emergencies, but have come under harsh criticism recently for high interest rates that can trap unaware consumers in debt. It’s… Read More ›