Predatory Lending Action Center

Current Campaigns

 H.R. 3609 "Emergency Home Ownership and Mortgage Equity Protection Act"
Rep. Brad Miller (D-NC), a member of the House Financial Services Committee and Rep. Linda Sánchez (D-CA), Judiciary Subcommittee Chairwoman on Commercial and Administrative Law have introduced legislation that will prevent hundreds of thousands of Americans from losing their homes by allowing them access to bankruptcy relief. TAKE ACTION>>

Prevent Abusive Overdraft Lending

 Tell the Fed to stop unauthorized overdrafts

In new proposed rules, the Federal Reserve Board has acknowledged that banks are using unfair overdraft practices. But their solution doesn’t go far enough.  Tell the Fed your overdraft story so they will stop unauthorized overdrafts.  TAKE ACTION>>

 HR 946 "Consumer Overdraft Protection Fair Practices Act"

Representative Carolyn Maloney, Chairwoman of the Financial Institutions Subcommittee (D-NY), Financial Services Committee Chairman Barney Frank (D-MA), and Representative Julia Carson (D-IN) introduced legislation to protect consumers from abusive overdraft loan programs and stop financial institutions from deliberately manipulating their systems to generate more overdrafts—while preserving the institutions' ability to cover occasional overdrafts as a courtesy without triggering the Act's requirements. TAKE ACTION>>.