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.
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.
Click here to download a PDF version of the letter.
Americans for Financial Reform Education Fund applauds the news that a court has rejected the for-profit college industry’s attempt to stop the 2016 Borrower Defense rule. Today, the United States District Court for the District of Columbia sided with students over Betsy Devos’s attempts to let abusive for profit schools rip them off with impunity.
Americans for Financial Reform Education Fund published a new report describing the history of the Volcker Rule and the efforts of the financial industry to undermine it. The Volcker Rule is a central element of post-crisis financial regulation that is intended to be a modern
October 1, 2018 Americans for Financial Reform Education Fund (AFR Education Fund), sent a letter to the Federal Reserve in response to the recent letter from Senator Perdue and others. The Perdue letter urges regulators to view the implementation of S. 2155 as requiring extensive
Americans for Financial Reform Education Fund sent a letter to the SEC regarding proposed amendments to the Commission’s Whistleblower Program rules. While we generally support a few of the proposed amendments, we are concerned that a number other proposed changes would initially undermine the Whistleblower
Americans for Financial Reform Education Fund joined with 61 other organizations to tell the Department of Education that we are closely monitoring their ongoing efforts to recklessly deregulate higher education. As 62 organizations and advocates for students, families, taxpayers, veterans and service members, we wrote