Center for Responsible Lending
Jump to navigation
Jump to search
The Center for Responsible Lending is an advocacy group that claims to defend low-income borrowers. Its stated mission is to “protect homeownership and family wealth by fighting predatory lending practices. Our focus is on consumer lending: primarily mortgages, payday loans, credit cards, bank overdrafts and auto loans.” CRL supports tougher regulation of payday lenders.
CRL was created with seed money provided by the family foundation of Herb Sandler and his late wife Marion Sandler. Since 2005, the Sandlers’ foundation has given almost $40 million to CRL, according to Capital Research Center.