FOR IMMEDIATE RELEASE
DATE: May 12, 2010

Say No To Special Interest Loopholes

Auto dealers do not deserve a carve out from consumer protection

Washington, DC – Americans for Financial Reform urges the Senate to …

May 6, 2010
The Honorable Harry Reid
The Capitol, S-221
Washington, DC 20050
Dear Senator Reid:
As members of Americans for Financial Reform, a coalition of more than 250 consumer, labor, investor, community, civil rights and business groups, we write …

Read the full editorial here.
It’s a springtime sales event for America’s auto dealers. Over the next week or so, they’ll toil feverishly to close deals — not with car buyers, but with members of the Senate …

Oppose the Brownback amendment to exempt auto dealers from the CFPB.
Data from several nationwide cases against the major auto lenders settled by the National Consumer Law Center and co-counsel from 2003 to 2007 showed widespread racial …

Car Dealers Are Lenders/Creditors When the Consumer Gets both the Car and the Financing from the Dealer
See this PDF for an example of a car loan.
For the millions of consumers who get both the vehicle …