What's New...
The 2009 AFFIL Agenda
(December 29, 2008) In 2009, Congress and the President will focus on a comprehensive review of the way financial markets and products are regulated. AFFIL and other consumer advocates will work for a system that truly protects consumers. And of course we'll also continue to focus on our specific issues, such as preventing foreclosures, fighting payday and car title lending, and pushing for further reform of the credit card industry. Read the full agenda, and read our 2008 Year in Review.
Regulators Adopt New Protections for Credit Cardholders
New Regulations Won't Go Into Effect Until July 1, 2010
(December 19, 2008) Over the summer, over 65,000 citizens sent comments to the Fed asking them to finalize a strong rule to protect credit cardholders, and they heard the message! The Fed did not weaken the rules, and even strengthened them in some ways. But there's a huge problem: the regulations won't go into effect until July 1, 2010. AFFIL and our Partners are urging Congress to codify the rules and implement them as soon as possible to help struggling consumers. Read more from our Partner Consumers Union.
Holiday Shopping Tips
(November 18, 2008) Even in the midst of our nation’s current economic slump, the average consumer is projected to spend $832 during this year’s holiday season. You might be planning to use credit or debit cards to make purchases, or considering rent-to-own stores or layaway plans. Whatever your plans, check out these shopping tips for avoiding the post-holiday financial hangover!
Remind President-elect Obama of his Endorsement of our Principles
(November 5, 2008) In September of 2007, Senator Barack Obama endorsed AFFIL's Principles of Fairness in Lending. Now that he has been elected our next president, join us reminding him of his commitment to end unfair and abusive lending.
Voter's Guide to the 2008 Presidential Election
(October 21, 2008) Americans for Fairness in Lending is happy to provide this Voter’s Guide to the 2008 Presidential Election. We list the positions of Senators McCain and Obama on credit cards, mortgages and foreclosures, bankruptcy, and other issues. We encourage undecided voters to consider these positions in light of AFFIL’s Principles of Fairness in Lending.
Former Bank Employees Speak Out About Unethical Practices
(October 8, 2008) Watch Cate Colombo and Jerry Young on ABC's Nightline as they warn consumers about tricks and traps used by credit card companies to rope them into more debt. Click here to watch more videos, and visit YouTube to embed videos on your blog or website.
