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Articles tagged with: Center for Responsible Lending

S. 3217: A Vote to Weaken States is a Vote for Risky Loans & More Bailouts
May 6, 2010 – 11:31 am

This information is courtesy of the Center for Responsible Lending.
Issue: The Senate financial reform bill, S. 3217 – section 1044, gives the Office of the Comptroller of the Currency far too much power to …

National Bank Regulator Lets Unsafe Practices Flourish; Are Banks the New Face of Payday Lending?
February 25, 2010 – 2:37 pm

From AFR Coalition Member
The Center for Responsible Lending
A key federal regulator for years has let national banks engage in lending practices that the regulator itself admits harm consumers and lenders, according to two new reports …

Testimony of Julia Gordon before the Financial Crisis Inquiry Commission
January 14, 2010 – 11:37 am

Julia Gordon of the Center for Responsible Lending testified on January 13, 2010 before the Financial Crisis Inquiry Commission.
Download her testimony (PDF).

Why We Need a Consumer Watchdog: The Video
January 13, 2010 – 3:47 pm
Why We Need a Consumer Watchdog:  The Video

The Center for Responsible Lending shows why a Consumer Financial Protection Agency (CFPA) is “priceless” in this video.

Consumers Lost $65 Million to Banks on Black Friday
November 27, 2009 – 1:04 am
Consumers Lost $65 Million to Banks on Black Friday

The Center for Responsible Lending warned consumers this Black Friday to watch out for overdraft loans.  Every day, consumers lose $65 in overdraft fees to banks.  As CRL explains:
At $24 billion per year in fees, …