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Advocacy Letters

Letters

Advocates Call on the OCC to Carefully Scrutinize Bank Partnerships with Companies Providing Income Share Agreements

In a letter, the SBPC, Americans for Financial Reform Education Fund, the California Reinvestment Coalition, the Center for Responsible Lending, Consumer Reports, and the National Consumer Law Center urge the OCC to carefully scrutinize the “partnership” between Blue Ridge Bank, a federally chartered national bank, and MentorWorks, a student financing...
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The Campaign for California Borrowers’ Rights Call on the CA Department of Financial Protection and Innovation to Create Strong Protections for Student Loan Borrowers

In a letter sent to the Commissioner Alvarez, the Campaign for California Borrowers' Rights—a coalition of advocacy organizations committed to protecting student loan borrowers—calls on the newly created California Department of Financial Protection and Innovation to use its authorities to engage in diligent supervision, proactive enforcement, deliberate rulemaking, and smart...
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