The majority of consumers finance their car at the dealer, often in the belief that the dealer will find the best loan for the car buyer. Instead, dealers are often paid kickbacks from lenders to put consumers in loans that are more expensive than the consumer qualifies for based upon their credit history. This practice cost consumers over $20 Billion in 2007 alone.

This session will explain how this practice works, what consumers can do to try to protect themselves now, and how we can put an end to this practice.

Speakers include:

• Christopher Kukla, Senior Counsel for Government Affairs at the Center for Responsible Lending
• John W. Van Alst, The National Consumer Law Center
• Stuart Rossman, The National Consumer Law Center

This Webinar is provided by the National Consumer Law Center with a grant from the Annie E. Casey Foundation and is one of a series of webinars about working cars for working families.

There is no charge for this webinar.