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CRL conducts in-depth research on the extent and impact of predatory lending, to provide useful information to consumers, community advocates, and policymakers alike.

  • Car Title Lenders Ignore Ability to Repay
    Published: May 13 2014      Issue: Car Title Loans

    Car title loans, like payday loans, are marketed as a quick financial fix, but lead to long-term debt and carry 300% annual interest rates. A typical borrower pays twice as much in interest and...

  • The State of Lending: Car-Title Loans
    Published: Jul 11 2013      Issue: Car Title Loans

    Car-title lending—making expensive loans secured by the title of a vehicle a borrower owns out-right—has become a multi-billion dollar industry in the U.S. over the last decade. CRL estimates that...

  • Driven to Disaster: Car-Title Lending and Its Impact on Consumers
    Published: Feb 28 2013      Issue: Car Title Loans

    Research from CRL and Consumer Federation of America finds that car-title loans cost U.S. consumers $3.6 billion in interest on $1.6 billion in loans. According to the research, car-title lenders...

  • 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...

  • Consumer Financial Protection Agency Could Have Stopped Abuses that Plague Americans Today
    Published: Oct 23 2009      Issue: Auto Financing, Car Title Loans, Consumer Financial Protection Bureau, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans

    CRL shares stories of everyday people affected by financial abuse and emphasizes the need for the Consumer Financial Protection Agency to ensure that they and others are protected from such abuses...

  • Consumer Financial Protection Agency Could Have Stopped Abuses that Plague Americans Today
    Published: Oct 23 2009      Issue: Auto Financing, Car Title Loans, Consumer Financial Protection Bureau, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans

    CRL shares stories of everyday people affected by financial abuse and emphasizes the need for the Consumer Financial Protection Agency to ensure that they and others are protected from such abuses...

  • Financial Reform that Protects Consumers
    Published: Jun 25 2009      Issue: Auto Financing, Car Title Loans, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans, Refund Anticipation Loans

    For years, federal bank regulators looked the other way; now Congress has a chance to reform our system of checks and balances, make banks accountable, and protect consumers from abusive financial...

  • Financial Reform that Protects Consumers
    Published: Jun 25 2009      Issue: Auto Financing, Car Title Loans, Credit Cards, Mortgage Lending, Overdraft Loans, Payday Loans, Refund Anticipation Loans

    For years, federal bank regulators looked the other way; now Congress has a chance to reform our system of checks and balances, make banks accountable, and protect consumers from abusive financial...

  • 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...

  • Six Principles for Real Reform: Balancing Bank Safety and Sensible Lending
    Published: Jun 24 2009      Issue: Auto Financing, Car Title Loans, Consumer Financial Protection Bureau, Credit Cards, Mortgage Lending, Overdraft Loans

    As Congress considers how to address improving consumer protection and regulation of our financial system going forward over the next several months, we offer six essential principles for achieving...

  • Interest Rate Survey
    Published: Mar 30 2009      Issue: Car Title Loans, Payday Loans

    CRL conducted a national survey to measure public support for one strategy on the table: a 36 percent cap on annual interest rates for consumer loans. The survey found high levels of support for...

  • 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

  • Comment: To Department of Defense on Military Lending Act
    Published: Feb 8 2007      Issue: Car Title Loans, Payday Loans

    Comments on Military Lending Act submitted to Department of Defense by Consumer Coalition on Feb. 5, 2007.

  • 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.

  • Highlights from Report on Tennessee's Title Lending Industry
    Published: Feb 15 2006      Issue: Car Title Loans

    Highlights from title lending report from Tennessee.

  • Report to the TN General Assembly, Pursuant to Public Chapter 440, Acts of 2005, Section 7(e)
    Published: Feb 1 2006      Issue: Car Title Loans

    Public Chapter 440 of the Acts of 2005 significantly amends the Tennessee Title Pledge Act (“Act”), set forth in Title 45, Chapter 15, regarding the operation and regulation of the title pledge...

  • Letter to ALEC on Car Title Loans
    Published: Nov 29 2005      Issue: Car Title Loans
  • Car Title Lending: Driving Borrowers to Financial Ruin
    Published: Apr 14 2005      Issue: Car Title Loans

    Research report from CRL and CFA documenting the cost of title loans, the predatory terms, and the best solutions.