“Attempts to roll back this protection for consumers are nothing more than a sellout to the predatory payday lenders who want to continue to enrich themselves by trapping people in a painful cycle of debt. Congress should reject this and other attempts by payday lenders to undo a common sense rule based on the common sense principle of ability to repay.”
“Small businesses are a primary driver of job growth and wealth creation in the United States, providing more than half the country’s jobs and two-thirds of net new jobs. …There is a strong and growing consensus that small businesses should have stronger federal protections in the financial marketplace. …The best agency to oversee protections for small businesses is the CFPB. The CFPB is the primary enforcer of the core statutes that protect borrowers and other users of financial services against misconduct.”
AFR joined 47 organizations in supporting the CFPB’s work to make its complaint database public and accessible by consumers. This will help consumers make more informed decisions about how to choose the best products and services for their needs, and how to protect themselves from problems.
SAFER: A Committee of Economists and Other Experts for Stable, Accountable, Fair and Efficient Financial Reform July 26, 2010 Dear Mr. President: We are writing concerning the Dodd-Frank Wall Street Reform and Consumer Protection Act of 2010 which you recently signed into law. One of
July 16, 2010 Elizabeth Warren is the best person for Director of the Consumer Financial Protection Bureau Sign a letter to the President urging her nomination Deadline for signatures COB Tuesday July 20 Dear Colleague, Now that the Senate has passed the Wall Street Reform
June 23, 2010 Dear House Conferee: While the Senate offer on the Consumer Financial Protection Bureau is generally good for consumers, there are a number of outstanding issues that need further enhancement. Our priorities for improving the Senate offer are as follows: Consumer Financial Protection
Oppose the House Offer on H.R. 4173 to Exempt Attorneys Engaged in Unfair, Deceptive or Abusive Consumer Financial Practices June 22, 2010 House-Senate Conferees, H.R. 4173 Dear Senator or Representative: Americans for Financial Reform and the undersigned organizations – including several that have or serve
The Honorable Christopher Dodd Chairman Senate Committee on Banking, Housing and Urban Affairs Washington, DC 20510 The Honorable Barney Frank Chairman House Committee on Financial Services Washington, DC 20515 RE: Mortgage and Foreclosure Issues in Financial Reform Conference Dear Chairman Dodd and Chairman Frank: Thank
Experts and Leaders Will Lay Out What to Expect in the Conference and How to Keep the Final Bill Strong Listen to a recording of the conference here. Washington, D.C. – Friday, June 4 at 11 A.M. ET, a panel of financial experts and civil rights