Americans for Fairness in Lending |Tell Congress to Create a Consumer Watchdog Agency

Tell Congress to Create a Consumer Watchdog Agency

To: Your U.S. Senators and Your U.S. House Representative

Started by: Americans for Fairness in Lending

The renegade lending industry has brought our economy into the worst recession since the Great Depression. But now there's a chance to fix our broken system. Congress is considering creating a Consumer Watchdog agency!

Right now, no government regulator has consumer protection as its main mission. A Consumer Watchdog agency would exist just for this purpose, and would regulate credit cards, mortgages, small loans, and other financial products.

The need for a Consumer Watchdog agency is all too clear. One in five subprime mortgages will end with the family losing their home. The government would never let stores sell toasters that had a one in five chance of bursting into flames and burning down your house. Why should mortgages be any different, especially when so much is at stake?

A Consumer Watchdog agency would ban products that don't meet safety requirements, and ensure a level playing field between lenders and borrowers. For more information about an agency like this, please click here.

The system we have now isn't working! Tell Congress to create a Consumer Watchdog agency!

(Photo: bfraz)

The time for signing this petition has ended.

1180 Signatures Thus Far!

Ani L. Schwartz Arroyo Seco, NM

Sent letter to Jeff Bingaman , Ben Lujan and Tom Udall

Sep 09
David Watters Mundelein, IL

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Aug 27
Kimberly Tilley Mountain Home AFB, ID

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Aug 09
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Jul 15