Every state has a set of exemption laws, intended to prevent creditors from pushing families into destitution. This report finds that few states’ exemption laws meet even the most basic standards.
Forty-five states and the District of Columbia (DC) currently cap interest rates and loan fees for at least some consumer installment loans, depending on the size of the loan. However, the caps vary greatly from state to state, and a few states do not cap interest rates at all.
Landlords in the United States almost always engage in some form of screening of rental applicants. This screening often involves reports or scores purchased from specialized tenant screening consumer reporting agencies (CRAs). The reports typically combine information about eviction filings, criminal records, and credit history. Often the reports include a score or recommendation based on these records, and in some cases, this score or recommendation is the only information conveyed to the landlord.
More than 27 million Americans do not have health insurance of any kind. A further 43% of non-elderly adults have inadequate insurance, which may have high deductibles or other significant out-of-pocket costs. In the meantime, health care costs and rates of medical debt continue to rise. It is more important than ever for states to…
While millions of homeowners fell behind on mortgage payments and were at risk of losing their homes to mortgage foreclosures during the COVID-19 pandemic, many others were facing another foreclosure crisis- the loss of their homes due to property tax lien foreclosures. This strict and often rapid tax lien foreclosure process has created a lesser…
As the demographics of the U.S. population change, so do the faces of homeownership. Since the housing crisis, federal regulators have taken significant strides to provide enhanced protections to mortgage borrowers to prevent harms that led to the crisis and to ensure that borrowers are offered home retention options when they face hardship. Despite this…
Read More about Barriers to Language Access in the Housing Market: Stories from the Field
