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NY1: New Economy Project Speaks on New Debt Collection Rules
NY1 — Senior Staff Attorney Claudia Wilner and client Marquisha Parker appear on NY1’s “Inside City Hall” to discuss the broken debt collection system and recent reforms in New York State’s courts.
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American Banker: Banks Could Be Next Target in Debt Collection Litigation
American Banker — Just when it seemed that some banks might be putting their legal woes behind them, another threat has emerged that could involve the entire industry — debt- collections litigation.
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People’s Climate March
Thanks to all who joined New Economy Project at the People’s Climate March on Sunday, September 21st. Check out our contingent’s photos from a truly inspiring day.
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Crain’s NY Business: Lobby Looks to Cash In
Crain’s New York Business — Letter to the Editor by New Economy Project Co-director Josh Zinner: “Check cashers try lending a hand” (Aug. 18) paints a misleadingly rosy picture of the check-cashing lobby’s motivations.
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The Nation: Why Are Employers Checking Job Applicants’ Credit Histories?
The Nation — It’s the classic Catch-22 of the doomed job search: How do you get a job? You need experience. And how do you get experience? Get a job. But for many, the unemployment cycle gets further twisted when it intersects with the debt cycle. When prospective employers run credit checks, a bad report…
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Queens Chronicle: Should Employers Check Your Credit?
Queens Chronicle — A bill that aims to “prohibit discrimination based on one’s consumer credit history” by banning employers from doing credit checks on job applicants will be the subject of a City Council hearing set for 10 a.m. Sept. 12 at City Hall.
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Ft. Greene Focus: Slamming Hiring Practices As Unfair, Brooklyn Leaders Call For Reform
Ft. Greene Focus — Slamming current hiring practices as unjust, area leaders are pushing for new city laws that would prevent employers from immediately asking about an applicant’s arrest history, as well as ban employment credit checks.
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Groups Welcome New Guidelines for Banks Selling Old Consumer Debt
Civil rights, consumer, and community groups lauded the Office of the Comptroller of the Currency (OCC) for issuing strong guidance this week regarding banks’ selling of charged-off consumer debts to debt buyers. The groups urged the agency to also take the next step and issue strong regulations to ensure that national banks do not continue…
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CNBC: Confusion Still Surrounds Overdraft Policies
CNBC — Checking accounts—and the debit cards that come with them—should be a simple and straightforward way to handle routine financial transactions. And yet, many people simply don’t understand the overdraft policies at their bank or credit union.
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Queens Ledger: Students Fight to Keep Credit Checks Out of the Hiring Process
Queens Ledger — Queens College students held a rally last week on the campus to garner further City Council support for a two-year-old fight to stop credit checks as part of the employment process in New York City.
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NY1: Queens College Students Rally to Support Credit Discrimination in Employment Act
NY1 — Students and local officials are speaking out. They want to change a current law they say can ruin their chances at getting jobs.
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The Huffington Post: Debt Collection ‘Factory’ Preyed On Broke Americans: Lawsuit
The Huffington Post — A federal watchdog is suing a collection agency that allegedly operated like a “factory” churning out lawsuits against cash-strapped borrowers, often using misleading, deceptive and illegal practices.
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