Markups on auto loan interest rates are routinely used to compensate a dealership for the service of securing financing with a third party lender. However, rate markups add percentage points to the rate a consumer would legitimately qualify for, and are added without the adequate disclosure to...

'Stacked Deck' is a statistical analysis of outcomes in forced arbitration, also called mandatory arbitration or binding mandatory arbitration, that finds: 1) Individual arbitrators have a strong incentive to favor the firms that provide them with repeat business over an individual consumer they...

A survey was conducted regarding consumers choices whether to "opt-in" to overdraft coverage for their checking accounts. Many banks routinely cover any transaction that overdraws a customer's account, including checks, ATM withdrawals, and point-of-sale debit transactions for a fee of about $34...

This research studies the effect of the Credit CARD Act of 2009 on pricing, transparency, and credit availability.This report's findings refute negative claims by the credit card industry that new credit card rules have restricted access to consumer credit and raised its cost.These claims rely...

A provision of the Credit CARD Act of 2009 requires that the Federal Reserve issue a report examining whether credit card issuers have reduced credit limits or raised interest rates on credit card accounts based on consumers' patronage of merchants by geographic location or the type of merchant...

The Federal Credit CARD Act of 2009 made important changes to the credit card market, including a requirement that penalty fees be reasonable and proportional to the borrower's violation. In interpreting "reasonable and proportional" an understanding of the nature of penalty fees is essential....