Fair Lending and Consumer Financial Economics

ARG’s economists and statisticians have helped many of the nation’s leading insurance and financial institutions respond to government investigations and class action litigations focused on the sale of financial products to consumers. We have provided advice and expert testimony related to allegations of unfair lending practices including alleged racial and ethnicity bias in automobile and mortgage financing and to allegations of biased insurance policies.

Our large-scale computing capabilities have enabled us to recalculate and testify to the amount due by individual debtors to a national credit card company in response to a class action lawsuit alleging company miscalculations. Our economists have also presented statistical evidence to state commissioners of insurance concerning the actuarial fairness and racial neutrality of underwriting criteria.