Testimony

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 US Congress. CRL is frequently asked to testify on lending issues before Congress, federal regulators, state legislatures or other government entities. Below is a list of links to our written testimonies.

  • CRL's Testimony: A National Payday Charter Is A Bad Idea
    Published: Jul 24 2012      Issue: Car Title Loans, Consumer Financial Protection Bureau, Installment Loans, Payday Loans

    Testimony of Kenneth W. Edwards Vice President of Federal Affairs, Center for Responsible Lending, before the House of Representatives Committee on Financial Services Subcommittee on Financial...

  • No Credit Crunch: The CFPB and Consumer Access to Credit
    Published: Jul 24 2012      Issue: Consumer Financial Protection Bureau, Mortgage Lending

    Mike Calhoun, CRL President, testified that lack of regulation led to the foreclosure crisis. The Dodd-Frank reforms and CFPB are important reforms to prevent a future housing crisis, and will be...

  • Are prepaid credit cards helping or hurting consumers?
    Published: May 25 2012      Issue: Consumer Financial Protection Bureau, Credit Cards, Prepaid Cards

    Martin Eakes remarks on prepaid cards before a CFPB field hearing.

  • Regulatory Compliance Costs and Small Financial Institutions
    Published: May 9 2012      Issue: Consumer Financial Protection Bureau, Mortgage Lending

    CRL President Michael Calhoun testifies before a House Financial Services subcommittee on the benefits of strong lending protections. Financial reform, including the CFPB, is good for American...

  • Enhanced Consumer Financial Protection After the Financial Crisis
    Published: Jul 19 2011      Issue: Consumer Financial Protection Bureau, Mortgage Lending

    Unsustainable lending pushed us into the financial crisis, and sustainable lending and responsible consumer financial services products are needed to restore and maintain economic health. An...

  • Testimony: Enhanced Consumer Financial Protection After the Financial Crisis
    Published: Jul 19 2011      Issue: Consumer Financial Protection Bureau, Mortgage Lending

    Testimony of Mike Calhoun before Senate Banking Committee: Unsustainable lending pushed us into the financial crisis, and sustainable lending and responsible consumer financial services products...

  • Michael Calhoun's Testimony on Perspectives on the Consumer Financial Protection Agency
    Published: Sep 30 2009      Issue: Consumer Financial Protection Bureau

    CRL's views on the proposed Consumer Financial Protection Agency. CRL President Michael Calhoun testifed before the House Financial Services Committee on September 30, 2009, stressing the...

  • Regulatory Restructuring: Enhancing Consumer Financial Products Regulation
    Published: Jun 24 2009      Issue: Auto Financing, Car Title Loans, Consumer Financial Protection Bureau, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans, Refund Anticipation Loans

    Kathleen Keest, Senior Policy Counsel at CRL, testified before the House Financial Services Committee on CRL's support for a strong, state-of-the-art consumer protection agency for financial...