Loose restrictions and a lack of transparency and oversight have
allowed for financial institutions to engage in extremely risky
practices including the buying and packaging of sub-prime
mortgage-backed securities. Read more.
Overview
Conducting the day-to-day business of our lives shouldn’t come at the cost of our financial security. But too often, the big banks, insurance and investment companies and other firms take advantage of unsuspecting consumers or manipulate the system. WISPIRG fights to make the financial marketplace work fairly, to protect vulnerable Americans from predatory lending terms, to equip consumers with the knowledge to protect their finances, and to expose business practices that make us vulnerable to identity theft, fraud and abusive credit rates.
