CRL conducts in-depth research on the extent and impact of predatory lending, to provide useful information to consumers, community advocates, and policymakers alike.
- Seven Ideas for a Fair Student Loan Servicing System
Published: May 14 2015 Issue: Student Loans
- Safe Student Bank Accounts
Published: Apr 29 2015 Issue: Student Loans
When colleges and banks team up to market bank accounts to students, protecting students' loan funds may take last place in the deal. Instead of helping students find the best account for them,...
- Payday Mayday: Visible and Invisible Payday Lending Defaults
Published: Mar 31 2015 Issue: Payday Loans
- CFPB's Preliminary Proposal to Address Payday and Similar Debt-trap Loans
Published: Mar 30 2015 Issue: Payday Loans
- Overdraft U: Student Bank Accounts Often Loaded with High Overdraft Fees
Published: Mar 27 2015 Issue: Student Loans
- Research Comment On: "Payday Loan Rollovers and Consumer Welfare"
Published: Mar 9 2015 Issue: Payday Loans
- Research Comment On: "Do Defaults on Payday Loans Matter?" by Robert Mann
Published: Mar 9 2015 Issue: Payday Loans
- Memorandum on Legal Authority for Cash Management Rule
Published: Feb 23 2015 Issue: Student Loans
On August 20, 2014, the Department received a joint memorandum from the American Bankers Association (ABA) and Consumer Bankers Association (CBA),1 arguing that the Department did not have...
- Widespread Support for Reining in Abusive Payday Lenders
Published: Feb 20 2015 Issue: Payday Loans
- Do Students of Color Profit from For-Profit College?
Published: Oct 3 2014 Issue: Student Loans
A post-secondary education is increasingly necessary in order to obtain a high-quality job and a lifetime of financial security and wealth-building opportunities. Many students finance their...
- 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...
- The State of Lending: Debt Collection and Debt Buying
Published: Apr 30 2014 Issue: Debt Collection
The debt collection industry is a rapidly expanding business, with revenue increasing up to 600 percent between 2003 and 2012. Private companies buy billions of dollars of charged-off debt from...
- For-Profit Colleges Saddle African-American and Latino Students with Crushing Debt, Poor Employment Prospects
Published: Apr 24 2014 Issue: Student Loans
Enrolling in a for-profit college usually means higher costs of attendance and higher default rates on student loans. This policy brief explores why students of color – African-American and Latino...
- Negotiating on Car Loans Doesn’t Help African Americans and Latinos
Published: Jan 23 2014 Issue: Auto Financing
Trying to negotiate a better interest rate on your car loan should generally result in a better deal, right? Not so for buyers of color who get loans from dealers.
- 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.
- Effective State and Federal Payday Lending Enforcement: Paving the Way for Broader, Stronger Protections
Published: Oct 4 2013 Issue: Payday Loans
The predatory features of payday loans, and the impact of their long-term debt on consumers, have in recent years drawn the attention of legislators and regulators. Policymakers at all levels have...
- Poll Shows Strong Consumer Support for Financial Regulation
Published: Sep 11 2013 Issue: Consumer Financial Protection Bureau
Over 90 percent of likely voters support financial regulation.
- The State of Lending: Payday Loans
Published: Sep 10 2013 Issue: Payday Loans
Payday loans—high-cost, quick-fix loans that trap borrowers in debt by design—cost cash-strapped American families $3.4 billion in fees every year. Of that number, more than two-thirds—$2.6...
- The State of Lending: Bank Payday Loans
Published: Sep 10 2013 Issue: Payday Loans, Bank Payday Loans
Even in the face of strong opposition by banking regulators, a few banks continue to make triple-digit payday loans. In this chapter, our analysis shows no meaningful distinction between...
- 2013 Update: The Spillover Costs of Foreclosures
Published: Aug 29 2013 Issue: Mortgage Lending
The harm caused by over 12.5 million foreclosures is the focus of this brief, the fifth in a series of updated on related findings.