State legislature targets usury “to get to the heart of systemic racism”
Tag: Predatory lending
Posted inNews & Politics
Overlooked mayoral hopefuls share bold visions for Chicago
They may have little name recognition and no campaign funds, but the regular people running for mayor are committed to making the city thrive.
Posted inBlogs
New report spotlights debt afflicting women in low-income black and Latino communities
Parent organizers have conducted a survey on the causes and solutions to debt spirals that affect them and their neighbors.
Posted inBlogs
For black and Hispanic families, no end yet to the bottoming out
The wealth gap between white families and black and Hispanic families has grown to six to one.
Posted inNews & Politics
Credit From the Corner Store
Activists say payday lenders exploit the poor, but better borrowing options are hard to find
Posted inBlogs
Everything old is new again
The Chicago Reporter has a must-read analysis of Wells Fargo’s lending practices in Chicago – which is suggestive of the predatory lending that devastated Lawndale during the mid-20th century.