<div id="subtitle">Site makes the case for Consumer Financial Protection Agency</div><div><p> The Center for Responsible Lending has taken a calculator to tally up the costs to the U.S. economy of what it calls "bad lending;" everything from subprime mortgages, to abusive bank policies, ...
<div id="subtitle">Wis. assembly speaker draws ire, some support, after disclosing relationship with lobbyist</div><div><p>Wisconsin residents angry about Assembly Speaker Mike Sheridan's relationship with a lobbyist sent him insulting e-mails this week, including some calling for his expulsion from his leadership position, messages released ...
<div id="subtitle">Michigan Appeals Court upholds cap on fees that payday lenders can charge for bounced checks</div><div><p>Payday loan companies can no longer charge borrowers triple damages plus $250 if their checks bounce, the Michigan Court of Appeals said Friday ...
For those in a tight spot, costly loans and cards still remain You can still get credit if your finances are a mess. It will just cost dearly. A sweeping credit card law that takes effect Monday was supposed to prevent banks ...
Payday Loans: How they rate against alternatives The average fee for a $100 payday loan is $15. If you translate that two-week advance into an annualized rate, as on a credit card, you're looking at a 391 percent interest rate. By that ...
WASHINGTON - OCTOBER 30: Center for Responsible Lending's Washington Office Director Eric Halperin testifies before the House Financial Services Committee about overdraft fees levied by banks on Captiol Hill October 30, 2009 in Washington, DC. The committee is considering legislation called "The ...
RICHMOND, CA - MAY 07: Plywood covers the windows of a foreclosed home for sale May 7, 2009 in Richmond, California. A study of government data on subprime loans by the Center for Public Integrity showed that 56 percent of the $1.38 ...
