Center for Responsible Lending

• Two Payday Lending Credit Unions Emphasize CUSO Role

  By David Morrison  |  May 17, 2013

  Two of the nine credit unions hit in NCLC letter respond; NCUA says it'll look into the complaint.

• NCLC Charges Nine FCUs Still Offering Payday Loans

  By David Morrison  |  May 17, 2013

  Consumer advocates say most credit unions cited in 2010 have abandoned the practice.

• Payday Lending Vilified Again

  By David Morrison  |  March 27, 2013

  A new report from the Center for Responsible Lending has documented that payday lending at six large banks is continuing, and the reported alleged it is damaging consumers financially.

• Center for Responsible Lending Report Attacks Bank Payday Lending

  By David Morrison  |  March 21, 2013

  Six banks named in report, charging abuse through high interest rates, other practices, and calling for program shutdowns.

• Wright-Patt’s Fecher to Congress: Tell CFPB to Exempt CUs

  By Heather Anderson  |  July 23, 2012

  Ohio credit union CEO to testify to House panel on Tuesday.

• CUSO Reg Comment Letters Swamp NCUA

  By Michelle A. Samaad  |  October 30, 2011

  The NCUA will likely have much to consider as it reads through more than 280 comment letters that came in on the agency’s proposal to amend the CUSO rule.

• Truliant’s Schaefer to Testify Before Congress on Consumer Protection

  By Claude R. Marx  |  July 18, 2011

  North Carolina CEO to speak at Tuesday hearing by the Senate Banking Committee.

• California AG Task Force To Attack Mortgage Fraud

  June 5, 2011

  Consumer advocates are praising California Attorney General Kamala Harris' creation of a task force to attack mortgage fraud.

• CARD Act Study Finds Greater Transparency and Stable Pricing

  March 4, 2011

  A recent study by the Center for Responsible Lending found that not only have the new credit card rules mandated by the CARD Act of 2009 resulted in significantly greater price transparency for consumers, but, despite grim predictions, actual prices have remained stable and available credit has not tightened beyond...

• Liberal-Backed Activist's Selection to Launch Consumer Financial Protection Bureau Triggers Alarms

  By Guest Blogger  |  September 27, 2010

  Guest blogger Charles Bruen, CEO of First Entertainment Credit Union, questions the choice of Elizabeth Warren to head up the formation of the Consumer Financial Protection Bureau.