Joint Letter: Letter to CRAs urging credit relief for federal contractors and small businesses affected by the shutdown
letter to CRAs urging credit relief for federal contractors and small businesses affected by shutdown
Letters to Regulators: AFR Education Fund letter to banking regulators regarding changes to prudential standards and applicability thresholds for large banks.
January 22, 2019 Americans for Financial Reform Education Fund submitted a letter to banking regulators regarding the relaxation of enhanced prudential standards for large banking institutions. Read or download a PDF version of the letter by following this link.
Letter to FHA urging stay on foreclosures during government shutdown
Letter to CRAs urging credit relief for consumers affected by natural disasters
Joint Letter: Letter to CRAs urging credit relief for federal workers impacted by government shutdown
Letter to CRAs urging them to take steps to protect the credit reports of federal workers affected by the government shutdown
Advocate etter to USDA urging stop to foreclosures during government shutdown
AFR Education Fund was among the 18 organizations that submitted these comments responding to the CFPB’s RFI on data collection on December 27, 2018. You can view or download pdf of the letter here.
Letters to Regulators: AFR Education Fund sent a comment letter to the SEC regarding proposed rules on broker-dealer and swap dealer capital requirements.
Click here to download a PDF version of the letter.
The rule, which was years in the making, created vital protections for consumers of payday, car title, and some longer-term loans to ensure that predatory lenders don’t trap customers in unaffordable loans. Underlying the rule is the common-sense principle that lenders should consider whether borrowers have the ability to repay a loan before they risk their financial well-being.