Working Cars for Working Families
A safe and reliable car is essential to the success of most working families. Child care, jobs, groceries, medical appointments, and so many other everyday tasks are often out of reach for families without a car. Yet, buying, financing, and keeping a reliable car is fraught with dangers for everyone and simply not possible for some families.
Working Cars for Working Families is fighting to ensure that families get a fair deal when buying and financing a car and that the lack of a car does not stand in the way of families’ ability to become economically successful. We seek to bring about policy reform to bring transparency and fairness to the markets for used cars and car finance. We also promote policy and practice solutions to help non-profit ownership programs that help struggling families get a car.
Find a program that helps low-income families get a car if you need a car or want to donate one.
Find out about opportunities for you to join the fight to ensure working families can get and keep a reliable car at fair terms.
CFPB to Crack Down on Race-Based Auto Loans
Press Release: CFPB to Hold Auto Lenders Accountable for Discrimination in Auto Lending
Group Opposes FTC Used Car rule
Consumer groups submitted comments to the FTC
Hurricane Sandy Flood Damaged Vehicles
In the Wake of Hurricane Sandy many vehicles have been heavily damaged by flooding. The National Salvage Vehicle Reporting Program (NSVRP) has some helpful information for consumers, law enforcement, insurers and others about this growing problem.
CA: Say yes to AB 1447 and fair car sales
LA Times series on "Buy Here Pay Here" used car dealers
Treated Unfairly by a Car Dealer? Tell the FTC.
Did you get a fair deal when you bought, leased, or financed your car? If not, the United States Federal Trade Commission (FTC) wants to hear from you.
Learn More
Update Auto Warranty Act
Group comments to the Federal Trade Commission on the Magnuson-Moss Warranty Act Review on auto warranties a and defects
Credit Risk Retention
Comments by National Consumer Law Center and National Association of Consumer Advocates.
Military and CFPB Unveil Joint Statement of Principles
“Working Cars for Working Families: Real Progress, Real Opportunities” Conference
On October 29, 2010, advocates, academics, government regulators, practitioners, and others came together at the offices of the Federal Reserve Board to examine the vital importance of a car to family economic success, the hurdles to car ownership that families face, what efforts are currently being made to overcome these obstacles, and what more can be done to facilitate successful car ownership by families. more
Modernizing the Massachusetts Exemption Laws
Massachusetts has amended its exemptions laws to better protect the family car and other necessities. This law sets out what property debtors are able to protect from unsecured judgment creditors. From the article in the Boston Globe:
The new law updates decades-old property exemptions, allowing consumers to keep a car worth up to $7,500 out of reach of collectors, up from $700 in the past. Owners who are 60 or older or disabled will get a $15,000 car exemption. Consumers also may hold on to $2,500 in a bank account, five times the current level.
“This new law will protect thousands of struggling Massachusetts residents, and allow them to house, feed, and support their families and continue to work as they struggle to pay debts and get back on their feet after an economic setback,’’ said Robert J. Hobbs, deputy director of the National Consumer Law Center.
The entire globe article may be found here.
For more information about the importance of exemptions for cars see this webinar we did last year on exemptions and asset limits.