#equal-credit-opportunity-act

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#reverse-redlining #predatory-lending #racial-discrimination #foreclosure #credit-cards #credit-card-debt
Real estate
fromwww.housingwire.com
11 hours ago

Emigrant Bank's predatory lending loss upheld by Supreme Court

Jury found Emigrant liable for reverse redlining after marketing predatory loans with 18% default interest to Black and Latino New York City homeowners.
US politics
fromwww.mercurynews.com
2 weeks ago

Jill On Money: Can Trump cap credit card interest rates?

Credit card use is widespread, many pay in full, yet over $1.233 trillion remains outstanding and high interest rates drive calls for caps.
fromwww.housingwire.com
6 months ago

Trump executive order would investigate banks for political discrimination, crypto stance

The executive order directs regulators to investigate potential violations of the Equal Credit Opportunity Act, antitrust laws, or consumer financial protection laws. Banks may face fines or penalties if found in violation.
US politics
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