Lending

Predatory Lending is a major contributor to the economic turmoil we are currently experiencing.

Matthew Yglesias » Administration Outlines New Financial Crisis Responsibility Fee 2010

The Truth in Lending Act, signed into law in 1968, sanctioned overdrafts, Moebs says, by defining them as credit, but not as loans subject to disclosures about interest rates.

Banks' 'courtesy' loans at soaring rates irk consumers 2009

The Federal Reserve Board, for instance, did not quantify any costs for its new "Truth in Lending" [12] regulations — which impose fee and disclosure requirements for credit card accounts — although the new rules are generally expected to be costly.

Red Tape Rising: Obama's Torrent of New Regulation James Gattuso 2010

One consequence, reported by the Center for Responsible Lending, is that African-American and Latino homeowners are 75 percent more likely than white borrowers to face foreclosure, largely because they were the easiest victims in the previous bank scam -- sub-prime mortgages.

Pat Choate: Legalizing the Bank Foreclosure Mess Pat Choate 2010

Makes technical corrections to the Truth in Lending Act. Section 131.

Discourse.net: Staff Summary of Bailout Bill 2008

Reform is particularly needed, says Jim Campen, executive director of Americans for Fairness in Lending, at a time when consumers are staggering under a record load of high-rate credit card debt.

Changing credit card terms squeeze consumers 2008

Check out these 10 methods, via the Americans for Fairness in Lending, credit card companies use to make extra money off you that you may not even be aware of, knowledge that could save you hundreds in extra fees.

10 Credit Card Company Tricks To Beware - The Consumerist 2008

If your rate is about to leap to a rate higher than it should be for your credit profile, "you need to start working on relief strategies right away," says Marie McDonnell of Truth in Lending Audit & Recovery Services.

Avoiding a Mortgage Meltdown | Impact Lab 2007

Its provisions include one to let borrowers rescind a mortgage if the lender violated Truth in Lending

In Spite of Industry Screams, New Bankruptcy Bills Proceeding | Impact Lab 2007

Lending is voluntary, due for eventual repayment, and compensated by interest payments in the interim.

Matthew Yglesias » The Ethics of Deficits 2007