Americans For Fairness in Lending - Background Information

AFFIL - Background Information

"AFFIL was born out of the frustration of consumer advocates who were winning small battles but losing the bigger war waged against Americans by the lending industry. Despite a thriving economy in the last decade, a growing number of families are overwhelmed by credit problems and soaring debt burdens. In 2004, a group of consumer advocates, economists, and policy makers began discussing how to reverse these trends. They determined that what was needed was a public awareness campaign that could move forward the advocacy, educational, legal, and policy work already being done to protect consumers."

Read important information about lending that everyone should know:

• Characteristics of a Predatory Loan

• Top Ten Tricks of the Lending Trade

• The Basics of Predatory Lending

• Glossary of Terms

AFFIL Partner ACORN sets up foreclosure hotline
(866) 67-ACORN
Call with your questions about foreclosure or predatory lending