Neighborhood Trust in the News Archives - Page 11 of 22 - Neighborhood Trust Financial Partners

Consumer Protection Agency Seeks Limits on Payday Lenders

In the world of consumer finance, they are chameleons: payday lenders that alter their practices and shift their products ever so slightly to work around state laws aimed at stamping out short-term loans that can come with interest rates exceeding [...]

Consumer Protection Agency Seeks Limits on Payday Lendersalexis siroc2019-05-21T15:26:47-04:00

Why You Should Tell Your Children How Much You Make

When Scott Parker wanted his six offspring to know more about the value of money, he decided to do something that many parents would consider radical: show them exactly what he earned. One day, he stopped by his local Wells [...]

Why You Should Tell Your Children How Much You Makealexis siroc2019-05-21T15:27:04-04:00

Surge in Subprime Loans Linked to Cars Draws Regulatory Scrutiny

It is a tempting offer: Convert that beaten-up car in the driveway into hard cash with a simple loan. But car title loans, which allow owners to borrow money against their cars, are having devastating financial consequences for a growing [...]

Surge in Subprime Loans Linked to Cars Draws Regulatory Scrutinyalexis siroc2019-05-21T15:27:24-04:00

Poor Communities Lose Billions to Predatory Lenders

Predatory lenders continue to target poor, Black and Latino communities, siphoning off $103 billion in fees and interests every year, and the rest of us are paying for it, according to a recent report by United for a Fair Economy. [...]

Poor Communities Lose Billions to Predatory Lendersalexis siroc2022-05-28T07:47:39-04:00

Mobile Apps Build Financial Inclusion Among Unbanked Americans

If you’re among the unbanked in America and you own a smartphone, that little device could be your onramp to the financial mainstream. Mobile apps may encourage the use of traditional banking services, according to a Federal Deposit Insurance Corp. [...]

Mobile Apps Build Financial Inclusion Among Unbanked Americansalexis siroc2019-05-21T15:34:37-04:00

How Expensive It Is To Be Poor

This month, the Pew Research Center released a study that found that most wealthy Americans believed "poor people today have it easy because they can get government benefits without doing anything in return." "Easy" is a word not easily spoken among [...]

How Expensive It Is To Be Pooralexis siroc2019-05-21T15:34:46-04:00

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