DONATE
Home > The Latest > News and updates

News and updates

  • City Limits: Advocates Hail NYC Credit-Check Ban as Strongest in the U.S.

    City Limits — Intro. 261, sponsored by Brooklyn’s Brad Lander, would make it illegal for an employer, labor organization, employment agency or licensing agency to ask for or use “information contained in the consumer credit history of an applicant for employment” or make any decisions on hiring, firing, promoting or paying a person based on…

  • NY1: Councilman, Expert Discuss Legislation to Ban Employment Credit Checks

    NY1 — New Economy Project’s Sarah Ludwig joins Councilmember Brad Lander to discuss the city’s plan to pass legislation banning the discriminatory practice of employment credit checks.

  • Daily News: City Will Ban Employers from Viewing Credit History of Prospective Workers

    New York Daily News — The City Council is expected to pass a bill Thursday that will make it illegal for employers to check job-seekers’ credit history, officials told the Daily News.

  • Majority Leader Morelle and Senator Gallivan to Sponsor A.G. Schneiderman’s Payroll Card Act

    Assembly Majority Leader Morelle and Senator Gallivan, Press Release — Attorney General Eric T. Schneiderman today announced that Assembly Majority Leader Joseph Morelle and Senator Patrick Gallivan will sponsor the Attorney General’s program bill regulating the use of payroll cards to increase protections for workers, clarify ambiguities in the law, and ensure that payroll cards…

  • Statement on CFPB Payday Lending Blueprint

    Our organization has consistently urged the CFPB to set a high national bar for addressing predatory and exploitative payday lending. The CFPB’s blueprint indicates, however, that the agency is considering including glaring loopholes in its final payday lending rule, which would allow payday lenders continued latitude to make unaffordable high-cost loans. This approach is simply…

  • Payday Lending Action Alert

    Hey New Yorkers, don’t miss this Action Alert about big payday lending news from the Consumer Financial Protection Bureau.  Lots at stake for New York… Get involved with the campaign for a strong payday lending rule by following the steps in the video!

  • New Yorkers to CFPB: We need a strong payday lending rule!

    This morning, New Economy Project hand-delivered a letter to Consumer Financial Protection Bureau (CFPB) Director Richard Cordray, calling on the CFPB to issue a strong payday lending rule that ends the payday loan debt trap once and for all.

  • Nasdaq: Credit Reports to Raise Standards to Improve Accuracy

    Nasdaq — “Problems with credit reports routinely block people’s access to housing and jobs, particularly low income people and people of color,” said Susan Shin, senior staff attorney at the New Economy Project…

  • New York Observer: Minority Groups Rally Outside Fed Against Interest Rate Hike

    New York Observer — Minority activist organizations demonstrated in the snow outside the Federal Reserve Bank of New York, insisting that the institution keep interest rates low until stubbornly high unemployment rates in nonwhite communities drop further.

  • And Now for Some Good News

    After years of hard-hitting advocacy by New Economy Project and allies, New York has implemented groundbreaking new debt collection rules, including some that go into effect today.

  • The Capitol Pressroom: New Yorkers for Responsible Lending Coalition in Albany

    Capital Pressroom — New Economy Project’s Susan Shin and Franklin Romeo, Director of the Homeowner & Consumer Rights Project at Queens Legal Services, discuss economic justice in NY’s debt collection and mortgage/foreclosure policies with Susan Arbetter on WCNY Radio.

  • Law360: Class Cert. Upheld In Leucadia ‘Default Judgment Mill’ Row

    Law360 — The Second Circuit upheld class certification for more than 100,000 consumer debtors who allegedly fell prey to a fraudulent debt-collection default judgment scheme by a Leucadia National Corp. debt-buying affiliate and its law firm and process server, finding Tuesday that common issues predominated.