Truth Report

Predatory Charity Strikes Again: Cherrypicks Data to Push Bogus Regulations

On March 26, 2009 the Center for Responsible Lending issued a troubling report titled “Predatory Profiling: The Role of Race and Ethnicity in the Location of Payday Lenders in California.” The group is right to seek “efforts to help low- and moderate-income families build emergency savings…” However,  A careful analysis of the “study” reveals that there are grave problems with the group’s methodology, assumptions, and motivations.Read more about the Center's efforts to minipulate data to push bogus regulations.

ISSUES

  • Democratization of Credit

    The democratization of credit has been very good for consumers.

  • Housing Crisis

    The housing sector is in a slowdown. Proposed "fixes" shouldn't harm responsible consumers.

RESEARCH

One of our missions is to produce independent research to thoroughly document the real-world choices consumer’s face. Specific horror stories often mask enormous benefits enjoyed by the overwhelming majority of consumers. We will report these benefits. Click here to learn more