by Eric J. Ellman | Oct 27, 2022
In October 2022, 26 consumer, civil rights, and advocacy groups wrote to federal financial institution regulators. These organizations asked these agencies “to encourage lenders to refrain from reporting negative information to the nationwide consumer reporting...
by Eric J. Ellman | Mar 1, 2021
In March 2021, USPIRG issued a press release about the spike in the volume of consumer complaints reported to the CFPB in 2020, as well as complaints about other financial services products. The release notes that “more than half of total complaints to the CFPB...
by Eric J. Ellman | Jul 31, 2017
In July 2007, the U.S. Senate Commerce Committee held a hearing, Oversight of Telemarketing Practices and the Credit Repair Organizations Act (CROA). There were six witnesses: Jerry Cerasale, Senior Vice President, Government Affairs, Direct Marketing Association,...
by Eric J. Ellman | Nov 27, 2014
In November 2014, several consumer groups wrote to the U.S. House Financial Services Committee expressing “strong opposition to H.R. 5446 [by U.S. Reps. Ed Royce (R-CA) and Rubem Hinojosa D-TX)], the misleadingly-named ‘Facilitating Access to Credit Act of...
