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CFPB Must Cover Check Cashers and Payday Lenders

This information is courtesy of AFR member Consumer Federation of America. Payday Lending should be covered by the Consumer Financial Protection Bureau! Payday lending is predatory lending. Loans are extremely expensive, made without determination of ability to repay, trap borrowers in debt, and put a

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Menendez OBS

U.S Senator Robert Menendez 528 Senate Hart Office Building Washington, DC 20515 March 22, 2010 Dear Senator Menendez, The over 200 consumer, employee, investor, community and civil rights groups who are members of Americans for Financial Reform (AFR) write to express our strong support for

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National Action Toolkit

The following materials are specific to the upcoming Call-in Days and corresponding actions on April 26-28. Sample Call-In Days Action Alert Text AFR link to landing page: http://www.affil.org/callin Modifiable State Specific Flier (.doc) *** This flier must be filled in with Senator’s name Coalition Flier

What the B@nk?!

The Big Banks and Wall Street drove our economy off a cliff and are notorious for abusing consumers.  The question is, which of these outrages is NOT true? Some credit cards charge 79.9% interest There is a new foreclosure every 13 seconds Bankers remove $7

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CNBC Article on Consumers’ Attitude Toward New Legislation

CNBC reported that consumers are almost unanimous about the need for financial reform.  The article touched on different activist campaigns that are underway concerning the issue.  Also discussed was the resistance coming from organizations such as the American Bankers Association. Americans for Financial Reform was