AFREF joined our partners in a letter urging the House to pass the Comprehensive Debt Collection Improvement Act to protect vulnerable consumers from abusive debt collection practices.
AFR joined a letter asking Treasury to urge Congress to protect the third round of economic impact payments in the American Rescue Plan of 2021 from assignment and garnishment.
Americans for Financial Reform Education Fund signs onto two comment letters to the OCC about Oportun’s application for a national bank charter. The letters express several concerns about Oportun’s practices regarding debt collection, lending and Community Reinvestment Act compliance planning. They urge the OCC to condition Oportun’s charter upon substantial improvement of these practices.
The Urban Institute has documented that, even before the COVID-19 pandemic, 31% of adults in the United States with credit reports have debt in collection. That number goes up to 42% for those residing in communities of color.
Letter from 26 groups to the CFPB urging the agency to strengthen protections for LEP consumers in the next part of the debt collection rule.
Letter from 84 organizations raising concerns about the CFPB’s time-barred debt collection disclosure proposal.
Letter from 104 groups urging Congress to enact COVID-19 debt collection protections
Consumer groups and banking industry organizations joined together today to support bipartisan legislation that would prevent Economic Impact Payments from being subject to garnishment.
AFR and our partners sent a letter in support of including the Medical Debt Relief Act as part of future covid-19 relief.
Letter calling on Congress to include consumer protections in COVID-19 relief