Texas Consumer Law & Debtor's Rights Blog

Posted below is a powerpoint presentation outlining the need for proposed regulation of predatory lending and the subprime credit industry that I wrote back in 2006 during law school.  The powerpoint presentation was part of a more comprehensive academic paper that I submitted regarding proposed legislation to allow states greater enforcement powers against predatory lenders and the subprime market.  

Recently, U.S. consumers and workers have seen the tremendous damage that can occur to our markets and overall economy when there is a lack of effective financial regulations to protect consumers.  Of course back then, just like now, the banking and credit industries along with their lobbyists are doing everything they can to kill any legislation proposed by Congress to bring ”real” financial reform to the markets.  It’s time that we stand up as Americans and put a stop to the deceptive trade practices and greed of the banking industry, and ask Congress to pass a financial reform bill that protects U.S. consumers and taxpayers.   

2006 Powerpoint Presentation:  PREDATORY LENDING

Written by J. Cole Brooks

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