CRL's staff includes attorneys, researchers, and policy analysts in North Carolina, Washington DC, and California who study and report on predatory lending matters, and monitor legislative and regulatory activity in state capitols and in the nation's capitol. CRL frequently responds to regulators' requests for comments on lending issues. Read our written comments to regulators.
- Prepaid Accounts Under the Electronic Fund Transfer Act and the Truth in Lending Act
Published: Apr 1 2015 Issue: Overdraft Loans, Credit Cards
In response to a request for comment, CRL offered feedback to the Consumer Financial Protection Bureau about the agency’s proposed rule addressing prepaid cards. The CFPB’s proposed rule would...
- Comments to Department of Defense: Expanding Credit Protections for Service Members and Their Families
Published: Aug 1 2013 Issue: Overdraft Loans, Payday Loans
Although the Military Lending Act has resulted in significant improvements, Service members continue to be the target of predatory lenders. In 2012, members of the military filed 61,642 complaints...
- Banks Should Disclose Overdraft Fees
Published: May 9 2013 Issue: Overdraft Loans
Today banks are allowed to report overdraft fees as part of general service charge income, but CRL supports greater transparency. In this comment letter to the Federal Financial Institutions...
- Comments to CFPB on Overdraft Practices
Published: Jul 6 2012 Issue: CFPB, Overdraft Loans
CRL joined with CFA and NCLC to provide the CFPB (Consumer Financial Protection Bureau) with documentation of bank overdraft practices and their impact on consumers. The CFPB should stop banks from...
- AFR Sign-on to OCC on Overdraft and Bank Payday
Published: Aug 9 2011 Issue: Overdraft Loans, Payday Loans
Consumer groups fear OCC proposed guidance may legitimize and facilitate the spread of payday lending by national banks, and banks would continue abusive overdraft practices—harming bank customers,...
- Comments to OCC on Overdraft and Bank Payday Loans
Published: Aug 9 2011 Issue: Overdraft Loans
CRL filed comments to the OCC on August 8, 2011 urging them to strengthen rules on overdraft and bank payday lending. Automatic debit overdrafts, re-ordering of account transactions and direct...
- Comment Letter on FDIC's Proposed Overdraft Guidance
Published: Sep 27 2010 Issue: Overdraft Loans
CRL and other consumer advocates filed a comment letter with the FDIC supporting most aspects of the agency's proposed guidance on overdraft. The groups also made recommendations on how the agency...
- Joint Letter in Support of FDIC Overdraft Proposals September 2010
Published: Sep 27 2010 Issue: Overdraft Loans
CRL and a cross-section of civil rights, labor, consumer, housing, community, business, and sustainable and responsible investor groups sent a joint letter to the FDIC expressing support for...
- Guidance to OTS on Overdraft Protection Programs
Published: Jun 28 2010 Issue: Overdraft Loans
CRL’s, Consumer Federation of America and the National Consumer Law Center’s comment letter to the OTS regarding the agency’s Supplemental Guidance on Overdraft Protection Programs.
- CRL Comment Letter on Garnishment of Federal Benefits
Published: Jun 18 2010 Issue: Overdraft Loans
CRL and other consumer groups provide comment on the Office of Personnel Management's proposed rule regarding garnishment of federal benefits.
- CRL and Other Groups Comment on Clarifications to Fed's Opt-In Rule
Published: Mar 30 2010 Issue: Overdraft Loans
CRL and other consumer groups provide comment on the Federal Reserve’s opt-in rule and the proposed changes to Regulation DD.
- Comments on Regulation E—Overdraft Practices
Published: Mar 30 2009 Issue: Overdraft Loans
The Center for Responsible Lending, along with Consumer Action, Consumer Federation of America, Consumers Union, National Association of Consumer Advocates, National Consumer Law Center (on behalf...
- Comment: Proposed Rule Regarding Unfair or Deceptive Acts or Practices – Overdraft Practices
Published: Aug 4 2008 Issue: Overdraft Loans
Overdraft comment letter
- Comments on proposed Regulation DD amendments re Overdraft Lending
Published: Jul 18 2008 Issue: Overdraft Loans
America, Consumers Union, and the National Consumer Law Center, provide the following comments regarding the Federal Reserve Board’s proposed rule to amend Regulation DD pursuant to the Truth in...
- Comment: Implementation of Military Lending Amendment
Published: Feb 26 2008 Issue: Car Title Loans, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans, Refund Anticipation Loans
Comments on Implementation of Limitations on Terms of Consumer Credit Extended to Service Members and Dependents
- Small Loan CRA Comment
Published: Feb 2 2007 Issue: Car Title Loans, Overdraft Loans, Payday Loans
CRL Comment to the Federal Deposit Insurance Corporation on its proposed guidelines for affordable small-dollar loans.
- Comment: Proposed FDIC Survey of Overdraft Loan Programs
Published: Oct 16 2006 Issue: Overdraft Loans
Proposed FDIC Survey of Overdraft Loan Programs