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CRLONLINE

  1. Judge: Auto dealers must tell buyers about bad credit usat.ly/KDz7GG @USATODAY -- Some borrowers receive inflated dealer rates
  2. Subprime Auto Lending Revs Up huff.to/Ke5Bff via @HuffPostBiz -- But be careful of dealer tricks and traps!
  3. Great turnout at yesterday's CFPB hearing on prepaid cards. If you missed it, here's a great report. rspnsb.li/JLAh8V
  4. "California needs every dime it can get to balance its budget, but #mortgage #settlement funds should be off limits." rspnsb.li/JYK4Y1
  5. Republican AG sends online payday packing, saying "When it comes to payday lending in Georgia, there is no gray area." rspnsb.li/KPecC6
  6. The CFPB convenes a public hearing on prepaid cards today. The watchdog agency is in town to listen and learn. rspnsb.li/JnhCjg
  7. This NY Times editorial calls for colleges to better inform students of the terms for college loans. rspnsb.li/KLgV3q
  8. New report shows three years after credit card reforms were signed into law, they are working rspnsb.li/JA4wtI
  9. New Demos survey, Credit Card Safety Net, finds many still rely on credit cards to buy basic necessities rspnsb.li/LoQbkv
  10. According to Rutgers, only half of college graduates from 2006-2011 are employed. Even worse are starting salaries.http://rspnsb.li/KjLJGQ
  11. Deseret News on banks doing payday lending - "if it looks like a duck..." rspnsb.li/Jtwu0O
  12. Remember that this Wednesday, May 23, CFPB holds a public hearing in Durham on pre-paid cards. Here are the details: rspnsb.li/K7Jyp9
  13. Did ya know Wells and a few other banks are the biggest payday lenders in town? rspnsb.li/J2kVHN
  14. Overdraft lawsuit against PNC Bank gets class action status. rspnsb.li/KCZHnA
  15. US Bank announces higher overdraft fees. rspnsb.li/KCWhkV
  16. Wells argues for reversal of overdraft judgment. rspnsb.li/K6R9TE
  17. Meet CFPB in Durham on May 23! A hearing on prepaid credit cards begins at noon in the Convention Center. RSVP: cfpb.events@cfpb.gov.
  18. Mastercard study: consumers spend more when they don't use cash or checks rspnsb.li/J6Fdo4
  19. See #Dimon et al in short video rspnsb.li/JGlKIO - CEOs testify on causes of financial crisis. Full quotes: rspnsb.li/JBBXPV