Posts tagged as:

Consumer Financial Protection Agency

Americans for Financial Reform and the Showdown in Chicago

October 22, 2009

The movement for consumer justice has gotten bigger and stronger, and if you’re in Chicago next week you can experience it firsthand.  Americans for Financial Reform (AFR), a big coalition of which AFFIL is a member, is organizing a series of demonstrations on October 25 – 27.  Over 5,000 people are expected to attend.
And that’s [...]

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Private Student Loans: A Last Resort That’s Too Often Used First

August 31, 2009

Private student loans are more expensive, riskier, and come with fewer borrower protections than federal student loans.  Nevertheless, almost two-thirds of the undergraduates who took out private student loans during the 2007-2008 school year did so without first obtaining the maximum federal loans for which they were qualified.  In fact, over a quarter of students [...]

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Consumer Financial Protection Agency must have teeth and be flexible

June 18, 2009

Earlier this week, President Obama announced his plan to create a Consumer Financial Protection Agency as part of his financial reform package. It is a great idea, and I hope it will succeed.
Why we need it
If you buy a sports car, you are not likely to accept a station wagon when you go to pick [...]

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