New Orleans Enough of the negative, let’s go positive and not just talk today about how predatory payday lenders are and how they are ripping off lower income families and trapping them in a vicious spiral of debt, but instead look at the ideas and institutions that are doing something different. Let’s start with Senator …
Tag: payday lending
More Proof on Payday Lenders Targeting Vulnerable Communities
New Orleans Payday lending was the first national campaign for ACORN Canada and, despite winning some relief in several provinces, the effort to clamp down on the industry nationally continues to be a priority and continues to elude. Currently, ACORN is on a national advisory committees studying another effort to update the regulations. In …
Expanding Post Offices into Financial Services
Houston The United States Postal Service is looking for a way to become more self-sufficient in an era where email has increasingly replaced stamped letters and bills more than love letters flood mailboxes. In a recent report, they have suggested that providing financial services to the “underserved” might be the ticket, and I for one …