Welcome to Consumer Reports Advocacy

Consumer Reports is an independent nonprofit organization that works for a fair, safe and transparent marketplace.

Since we were founded as Consumers Union in 1936, we have advocated for the rights of all consumers. Now, we are united under the Consumer Reports name, bringing together our trusted testing, research, journalism, and advocacy.

We hope you will partner with us and our six million members for a better world.

Letter to House Financial Services Committee Re: Responsible Lending Act

April 11, 2005
Responsible_Lending
29.0 KB

If enacted, the bill would devastate current legal restrictions and likely would lead to an increase in predatory lending. In addition to preempting state laws of any kind protecting homeowners, the bill would dismantle current prohibitions against predatory lending in the federal law as well as key avenues of consumer redress.

IssuesMoney
Experts
Tim Marvin
Campaign Manager
Suzanne Martindale
Senior Policy Counsel & Western States Legislative Manager
Pamela Banks
Senior Policy Counsel
Michael McCauley
Associate Director, Strategic Communications
You Might Also Be Interested In
press release
August 6, 2019
Consumer Reports Calls on FTC to Take Tougher Action to Stop Hidden Resort Fees
August 6, 2019
Consumer Reports letter to FTC to call for investigation, enforcement action on hotel resort fees
press release
August 5, 2019
Consumer Reports:  Federal Reserve’s Plan to Operate a Faster Payment System Will Benefit Consumers, But Protections Are Needed to Minimize Fraud
press release
July 30, 2019
Consumer Reports: Capital One Breach is Reminder of Need for Stronger Security Laws