Topic: Center for Responsible Lending
Las Vegas Sun | 2010-03-19 09:05:13
Federal Reserve Board should give consumers option to avoid costly overdraft fees
One of the banking industryÕs dirty little secrets is the massive amount of money it makes each year in fees from customers who have overdrawn their accounts. The Center for Responsible Lending, a nonprofit consumer advocacy group in Durham, N.C., estimates that banks rake in $17.5Êbillion ...
consumeraffairs.com | 2010-02-23 07:05:12
New regulations take effect today but consumer vigilance is essential
With many once-commonplace unfair credit card practices becoming illegal as of today, it's important for consumers to be aware of their new rights. "The new law is a pretty big step forward for consumers in leveling the playing field against credit card companies," Ohio Attorney General Richard Cordray said ...
consumeraffairs.com | 2010-01-22 07:05:15
<div id="subtitle">Site makes the case for Consumer Financial Protection Agency</div><div><p> The Center for Responsible Lending has taken a calculator to tally up the costs to the U.S. economy of what it calls "bad lending;" everything from subprime mortgages, to abusive bank policies, to payday loans.< ...
BusinessWeek | 2009-12-25 06:05:41
<div><h1>THE LATEST CREDIT-CARD TRICKS
</h1><p>Sweeping 2009 reforms take aim at the industry's most abusive practices, including abrupt interest rate changes and late-payment fees. But credit-card companies keep coming up with new ways to charge customers.
</p><p>RATE FLOORS
</p>< ...
