Letters to Regulators: Letter to the CFPB on the Need for Action to Limit Forced Arbitration
AFREF joined a letter to the CFPB urging it to take action on the ongoing issue of forced arbitration in consumer financial services/products.
Tag Archives: CFPB
Letters to Regulators: Letter to CFPB in Response to Inquiry on Employer-Driven Debt
AFREF joined a letter to the CFPB in response to their inquiry on employer-driven debt.
Letters to Regulators: Comment Letter to the CFPB on Employer-Driven Debt
AFREF sent a letter to the CFPB in response to their Request for Information regarding employer-driven debt.
In The News: Bank lobbyists’ attacks on CFPB obscure the real ‘rogues’ (American Banker)
Polling [from Americans for Financial Reform] has consistently found that the public likes having a strong CFPB. It’s why banking lobbyists try to harp on images of government bureaucrats telling people what to do. But the public on the whole appreciates that the financial services industry is massive and powerful; it put nearly $3 billion into the 2020 elections, [according to AFR research].
News Release: AFR Criticizes U.S. Chamber’s Attack on CFPB
WASHINGTON-D.C. — The irony of the U.S. Chamber of Commerce, which has numerous corporate lawbreakers among its members, complaining about a government agency busting corporate lawbreakers is almost too thick for words.
Blog: Structural Racism Flourishes in the Auto Lending Market
In much of America, owning a car is necessary to participate in the economy, and to live a full and vibrant life. However, this ticket to opportunity comes at an increasingly steep price – as of 2021, Americans owe $1.42 trillion in auto loan debt.
Letters to Regulators: Letter in Response to CFPB NPRM Regarding the Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human Trafficking
AFREF joined a letter in response to the CFPB’s Notice of Proposed Rulemaking regarding the Prohibition on Inclusion of Adverse Information in Consumer Reporting in Cases of Human Trafficking.
Statement for the Record: AFR Submits a Statement for the Record for HFSC’s CFPB Oversight Hearing
In this statement, AFR focuses in particular on the CFPB’s recent enforcement successes, the need to retain its authority, and some of the CFPB’s existing and future priorities.
News Release: Consumer Advocates Urge CFPB to Protect Consumers From “Junk Fees”
WASHINGTON – In response to the Consumer Financial Protection Bureau’s (CFPB) call for public input on how to save Americans billions in junk fees charged by financial companies, leading consumer advocacy organizations submitted an extensive comment letter detailing junk fees across a wide range of consumer financial products and services. The letter was submitted by Americans for Financial Reform (AFR), the Center for Responsible Lending (CRL), Consumer Federation of America (CFA), the National Community Reinvestment Coalition (NCRC), and National Consumer Law Center (NCLC) (on behalf of its low-income clients).
Letters to Regulators: Letter in Response to the CFPB’s Request for Information on Junk Fees
AFR joined CRL, CFA and NCLC in sending a comment letter to the CFPB in response to their request for information on junk fees.