Construction jobs, independent living services, and tuition assistance: these are some of the vital services that have been affected by the budget crisis. Other cuts include, but are not limited to: No state grants for psychiatrists, limiting access for...
Online lending has grown incredibly fast and is turning into a multi-billion dollar market. According to a 2014 report by the Harvard Business School, the outstanding portfolio balance of online lenders has been doubling every year. Online loans have...
The CFPB released guidance in March 2013 stating that financial institutions are liable under the Equal Credit Opportunity Act for car loans acquired from dealers for exploitive and discriminatory practices associated with the loans. One potentially exploitive practice found...
Recent legislation continues to expand economic opportunities for people with disabilities. President Barack Obama signed the Achieving a Better Life Experience Act (ABLE Act) into law in December 2014. Governor Bruce Rauner then signed a law enabling the federal...
According to a media release from the Center for American Progress, the groups sent the letter to NCUA Chairman Debbie Matz Thursday and warned that loans made by federally chartered credit unions, federally insured, state chartered credit unions and...
The national average, at 13.3 percent, isn’t all the way back to normal, but it would sound awfully good to places like Tampa, Cleveland, Las Vegas — or Chicago, where almost a quarter of mortgages are still underwater. Ironically,...
Unfortunately, the data collected for this research report don’t show any of the basic information about the loan applications. The only conclusion that could be drawn from the report is that in this particular scenario, women were less likely...
About a third of American workers lack access to a retirement plan through their employer. A recent report by the National Institute on Retirement Security shows that the median retirement account balance for all working-age households in the United...
On this Day of Action, the RBC wants Illinois elected officials to develop a budget that does not rely on cutting important services. You can participate by contacting your elected officials: CALL your lawmakers at 1-844-311-CUTS (2887). Tell the...
While it was obvious to Holly Petraeus, Assistant Director for the Office of Servicemember Affairs, and others who visit areas near military bases that high-cost, predatory lenders were preying on vulnerable service members and their families. CFPB and DoD...