Protecting Small Business From Predatory Lending
Predatory lending costs American borrowers an eye-popping $25 billion a year, according to estimates from the Center for Responsible Lending.Given that finding, small wonder that a...
Predatory Lending
Trump’s Roll Back on Dodd-Frank Could Cripple Black Businesses and Borrowers
Donald Trump issued an Executive Order aimed at reducing several requirements in Dodd-Frank. President Barack Obama signed the Dodd-Frank Wall Street Reform and Consumer Protection...
JPMorgan Chase To Settle Mortgage Discrimination Suit for $55M
JPMorgan Chase has agreed to pay $55 million to settle a lawsuit filed by Justice Department, accusing the bank of discriminating against minority borrowers...
Americans Carrying Record Amounts of Car Debt
Still, lenders are trying to extend their borrowing pool by attracting people with lower credit scores, rekindling not so distant memories of the easy lending...
Congress and Church Take Aim at Payday Lending
Congress and members of the clergy take aim at the payday lending industry and how it targets low-income communities....
[STUDY] Wealth Gap for Black and White Homeowners Hurting Future Generations
A study finds the racial wealth gap increased dramatically after the housing crisis, causing challenges that will affect future generations....
Car Title Lenders Find Loopholes to Overcharge Customers
Customers are being subjected to triple-digit interest rates....
Atlanta-Area Counties Sue HSBC for Predatory Lending
Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC disrupted their tax income with their predatory lending practices...