CRL conducts in-depth research on the extent and impact of predatory lending, to provide useful information to consumers, community advocates, and policymakers alike.
- Analysis: CRL Finds AFCC Debt Settlement Report Falls Short
Published: Feb 18 2015 Issue: Debt Settlement
In February 2013, the American Fair Credit Council, an association of debt settlement companies, released a report that claimed to assess the outcomes of debt settlement services by the industry....
- The State of Lending: Debt Settlement
Published: Jun 30 2014 Issue: Debt Settlement
Debt settlement companies offer the promise of settling a consumer’s debt for a fraction of what they owe. Unfortunately debt settlement carries significant risks that may result in consumers...
- A Roll of the Dice: Debt Settlement Still a Risky Strategy for Debt-Burdened Households
Published: Nov 19 2013 Issue: Debt Settlement
Debt settlement programs too often are not the solution they are marketed to be, according to this new CRL research.
- Debt Settlement Firms Adopt "Attorney Model" to Evade State and Federal Rules
Published: Nov 7 2013 Issue: Debt Settlement
This paper discusses debt settlement firms’ increased use of affiliations with legal firms to circumvent state and federal restrictions on upfront fees and other unfair and deceptive practices.
- Maryland Repossession Law--Amicus Brief In Support of Apellant Donna Epps
Published: Apr 28 2011 Issue: Debt Settlement, Auto Financing
CRL and the National Consumer Law Center filed an amicus brief supporting appellant Donna Epps in regards to the improper repossession of the appellant's vehicle.
- Debt Settlement Comments to the FTC
Published: Jul 2 2010 Issue: Debt Settlement
The Comments of Michael Calhoun, President, of the Center for Responsible Lending to the Federal Trade Commission regarding the Notice of Proposed Rule-Making: Telemarketing Sales Rule Debt Relief...