State Regulatory Advocacy
State financial regulators oversee the practices of firms that lend, service, and collect on debt owed by families across the country.
State financial regulators can be families’ best defense when financial companies make predatory loans or engage in sloppy servicing or abusive debt collection. State financial regulators license and supervise financial companies, and some can bring lawsuits to win justice for borrowers harmed by unlawful industry conduct. These agencies may also write the rules that govern how financial firms participate in the economy, including guardrails that protect families from mismanagement and abuse.
What We’re Doing
We work to help state financial regulators defend families from financial firms’ abuses—passing new laws to empower these agencies, building cases against firms that break these laws, providing technical assistance as agencies write rules to protect borrowers, and educating states about emerging issues and schemes. See below to learn more about our work to strengthen state oversight across the economy.