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CRL in the News

July 23, 2019 | By Sara Weissman | Diverse: Issues in Higher Education

Student loan debt is swelling for graduates across the country.

But according to a new report, the crisis is hitting students of color the hardest – and widening the racial wealth gap in the process.

July 23, 2019 | By WINK-FTM (CBS) - Fort Myers, FL

National student debt has reached the trillion-dollar mark and some senators want to cancel it, proposing huge amounts of money to do so. But it turns out - 10-thousand dollars might do the trick. Market Watch looked at a new analysis from the center for responsible lending. It suggests just 10 grand might make a difference for a huge amount of borrowers. 40 percent of people in repayment--- and a majority of people who are defaulting. 

July 22, 2019 | By Jillian Berman | MarketWatch

The race to become the Democratic nominee for president has brought the idea of mass and even total student-debt cancellation into the spotlight.

July 22, 2019 | By KNSO (TEL) - Fresno, CA

Araceli Panameño, Center for Responsible Lending "vaya a la página de internet de la comisión federal de comercio, busque ahí la información acerca de este acuerdo, regístrese para recibir correos electrónicos". El acuerdo final está sujeto al visto bueno de una corte federal en los próximos meses. 

July 22, 2019 | By KIMBERLY HEFLING | Politico

FIRST LOOK: NAACP TO PUT SPOTLIGHT ON STUDENT DEBT:Student loan debt is unsustainable for many student borrowers — especially borrowers of color, the Center for Responsible Lending and the NAACP warn in a new research report.

July 20, 2019 | By Brigette Honaker | Top Class Actions

Credit union advocates and lawmakers are arguing over the benefit of overdraft protection credit union programs as the CFPB considers new rules.

July 18, 2019 | By REP. RAJA KRISHNAMOORTHI (D-ILL.) | The Hill

In the wake of the financial crisis, the Consumer Financial Protection Bureau (CFPB) was established to stop predatory financial activity central to the collapse. For years, the CFPB has stood up to financial predators, holding companies acting in bad faith accountable for wrongdoing and returning $12 billion of ill-gotten profits to consumers.

July 18, 2019 | By Consumers Advocate.org

Our team sat down and spoke with Cheye-Ann Corona, Senior Policy Associate with the Center for Responsible Lending (CRL), to have her shed some light on common issues in the student loan industry. The CRL is part of the Self-Help Credit Union, a member-owned credit union, non-profit loan fund, and policy advocacy organization that works to help low-income families strengthen their economic opportunities.

July 17, 2019 | By ANU ROY-CHAUDHURY | The American Prospect

The higher education system is broken, but instead of fixing it, the Department of Education is intent on breaking it even more.

July 12, 2019 | By Phil Hall | National Mortgage Professional Magazine

The question of what will happen in mortgage lending after the government-sponsored enterprise (GSE) Patch expire in January 2021 is the focus of a new report published by the Center for Responsible Lending (CRL).

 

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