predatory lending

March 27, 2009 - As the misdeeds of major financial institutions continue to make the headlines, it should be no surprise to find out the many ways people have been cheated by financial institutions at the community level.

March 21, 2006 - A South Carolina "payday" lender is running into obstacles in Arkansas:

February 24, 2006 - Each year, consumers lose $25 billion due to predatory mortgages, payday loans, and other lending abuses like overdraft loans, excessive credit card debt, and tax refund loans. These nefarious banking practices strip away wealth from low-income people and communities, and transfer them to powerful finance interests.

June 13, 2005 - Today the excellent Center for Responsible Lending -- based here in Durham, N.C. -- announced a major court victory out of Georgia in the ongoing battle to rein in predatory bankers, especially pay-day lending operations.

April 11, 2005 - A new study by the National Community Reinvestment Coalition finds that home lenders target African Americans and Latino consumers for high-interest, predatory loans, as reported in today's Washington Post:

December 1, 2003 - A used-car chain stirs up the market—and its customers

December 1, 2003 - How Wall Street, major lenders, and “megadealer” chains fuel price gouging, racial discrimination, and fraud at your local car lot.