In 2017, poverty is big business.
Postal banking is an idea whose time has come (back.) We the People should be able to use our post offices for basic banking
By Marisabel Torres, Senior Policy Analyst, Wealth-Building Policy Project, NCLR Payday lenders and their loans are not going
We know that payday lenders are predatory, disproportionately choosing to set up shop in communities of color. We know that Latinos are more likely than the general population to use a payday loan.
There's a big banking fight in front of us right now. It's a fight that could result in a huge win for families and a death knell for the predatory practices of an entire industry -- payday lending.
You can be deaf to the public's shouts for only so long. The insurgency of popular discontent that has upended politics this year will continue no matter the results in November. For much too long now it's been clear that money doesn't just rule democracy, it is democracy. Until we prove it isn't.
It will get harder to trap people in unaffordable debt.
Rep. Wasserman Schultz is facing a primary challenge for the first time this year, her opponent a law professor, activist and progressive Sanders supporter named Tim Canova. But the primary's not until late August, long after the Democratic National Convention.
The internet is a cost-effective way of identifying and soliciting potential clients for payday loans. Potentially, it could also be a way to regulate the worst abuse of payday lending.
Pennsylvania Senate candidate John Fetterman accused the DNC chair of colluding with payday lenders.