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Diane Standaert

EVP; Director of State Policy

Diane directs CRL's state-level policy agenda to advance responsible lending policy and practices across all of CRL's issues. She also oversees CRLs work on issues of small dollar lending. Based in Durham, Diane works directly with stakeholders and policy makers at the state and federal levels in their efforts to understand the impact of and to prevent abusive financial practices. She brings policy expertise on issues such as payday, car title, installment lending, mortgages, foreclosure prevention, abusive debt collection, and other issues. Diane also brings experience building bipartisan coalitions of diverse stakeholders to advocate successfully for reforms of abusive lending practices. She has authored and contributed to several articles and research projects related to the impact of predatory lending practices and the role of states in addressing them.

Diane's previous experience includes the Florida Housing Finance Corporation and the University of North Carolina Center for Civil Rights. She is a graduate of Florida State University and holds a JD degree from the University of North Carolina School of Law. In her spare time, Diane is very active in a wide range of community organizations.

News

November 8, 2017 | By Alex Daugherty | The Miami Herald
“Payday loans are debt traps by design with interest rates averaging 300 percent,” Standaert said. “These small loans cause big problems for low-income people all across the country.” The CFSAA did...
October 11, 2017 | By Kevin Wack | American Banker
“Subterfuge is as core to the payday lenders’ business model as is trapping borrowers in a cycle of debt,” said Diane Standaert, director of state policy at the Center for Responsible Lending. In...
September 27, 2017 | By Liz Farmer | Governing the States and Localities
The new rules proposed by the Consumer Finance Protection Bureau are expected to require lenders to verify key information from prospective borrowers, such as their income, borrowing...
September 15, 2017 | By Payments Journal
“Payday lenders depend on keeping people trapped in loans charging 400 percent interest. Congress just voted to give payday lenders a free pass, showing how out of touch they are with their...

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