Center for Responsible Lending

Bipartisan Senate Financial Reform Bill May Be Near

In spite of frenzied lobbying by Wall Street, the Senate may be moving toward a bipartisan agreement on financial reform. It's crucial that we keep up the pressure to move this bill forward and prevent last-minute loopholes--like exemptions for big business such as auto dealers. Take a minute to find out how you can support fair and affordable loans for all Americans.

MSNBC Looks at Payday Lender Poor-Mouthing

Rachel Maddow recently pointed out how the founder of Check Into Cash Allan Jones claims that payday lenders don't make much money. Jones is a millionaire who owns a yacht, a private plane and... a football field?

Service Members Want Car Dealers Covered

In support of CFPB, The Military Coalition, representing more than 5.5 million members of the uniformed services--active, reserve, retired, survivors, veterans--decried car dealer actions in a letter to the Senate Banking Committee.

Faith Community Campaign Announces April Events, New Web

Two important allies have together launched a new web to support current financial reforms. PICO National Network and Faithful America are the forces behind the "Our Money, Our Values" campaign. The collaboration will also sponsor events in late April in Charlotte, NC, New York’s Wall Street, and San Francisco’s financial district.

In the News

USA Today reports on payday lenders' attempt to escape reforms in the federal reform package. Jay Speer from the Virginia Poverty Law Center comments on the new title lending bill signed in Virginia last week. An Illinois columnist reports on a protest at Advance America. Credit card "invitations to apply" to college-agers flow even though CARD Act prohibits them.

What's so Scary About Financial Reform?

Nothing. What's really scary is the fight that big money special interests are putting up to protect practices that take advantage of working Americans. It's a serious subject, but we've taken a lighthearted jab at these "financial monsters" here. Check out the trading cards and sign the petition: "I'm not afraid of reform."

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