A new report from the Center for Responsible Lending reveals how discriminatory auto financing and aggressive dealer tactics push Black borrowers into unaffordable loans and vehicle repossessions.
Charlene Crowell
Posted inEducation
Black Student Loan Default Rate Five Times Higher Than White BorrowersÂ
A coalition of civil rights and consumer advocates is urging the federal Education Department to halt plans to garnish wages of nearly 9 million student loan borrowers in default, warning the policy will disproportionately harm Black and older borrowers.
Posted inNews
DOJ and state attorneys, file joint consumer lawsuit
The Department of Justice and eight state Attorneys General have filed a lawsuit against RealPage Inc. for illegally price fixing apartment rental rates.
Posted inOpinion
Trump Era ushers in anti-consumer actions
In the wake of a recent series of anti-consumer actions taken by Mick Mulvaney, the Trump-appointed Consumer Financial Protection Bureau’s acting director, a bicameral call for accountability was released on January 31. The effort was led by Congresswoman Maxine Waters of California, Sen. Elizabeth Warren of Massachusetts, two other Congressional Black Caucus members, Congressmen Keith […]
Posted inOpinion
Trump administration scaling back civil rights protections
Decades of vigilant struggles, sacrifices and civil rights legislation enacted in the 1960s won federal promises to ensure that discrimination is illegal and would not be tolerated. Unfettered access to housing, voting rights, fair credit, public accommodations and more were marked and celebrated as hard-fought victories for Black Americans and other people of color. Now […]
Posted inOpinion
White House proposes $9.2 billion cut in education funding
No one ever said that higher education wouldn’t cost money. Across the country, tuition is steadily rising and students are taking longer to pay off their student loans. Today, 44 million consumers share $1.4 trillion in borrowed student debt — more than double what it was in 2008. On average, graduating seniors with a bachelor’s […]