The Center for LESS Responsible Lending
by Bret JacobsonIf the road to Hell (or serfdom) was paved with good intention (and economic ignorance) then surely that road starts at the North Carolina doorstep of the Center for Responsible Lending. Haven’t heard of it? Not surprising. It’s less well-known than ACORN and SEIU, but its actions have terrible consequences for the rest of us.

The Center for Responsible Lending is part of a giant web of financial institutions that make cheap loans (and act like loan sharks as they sue their customers over loans as small as $96) — all while smearing the reputation of customers and lobbying to restrict competing financial products. (Click here to learn more.) For what it’s worth, the Consumers Rights League, a watchdog group, has filed a massive IRS complaint alleging:
- The totality of the Center’s activities seems to constitute lobbying in violation of their tax-exempt status.
- The Center receives the vast majority of their revenue from only two donors—both of whom have potentially made billions of dollars as a result of the Center’s lobbying activities.
- The Center may have attempted to hide the role of major donors who stood to benefit from the Center’s lobbying activities by failing to file disclosures required by the Lobbying Disclosure Act.
- The Center may have attempted to mask the extent of their lobbying by illegally combining entities on reports and improperly or outright failing to report lobbying expenditures and activities.
- The Center has reported significantly fewer lobbying expenditures to the IRS than to Congress in what seems to be an attempt to camouflage lobbying expenditures that exceed the allowable amounts for tax-exempt 501c3 organizations.






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