By Charlene Crowell, NNPA Columnist June 26, 2015 Charlene Crowell, NNPA Columnist When it comes to consumer finance, traditional lenders usually review credit scores before reaching a decision. In general, the higher a consumer’s credit score is, the lower the cost of credit they will pay. Conversely, the lower one’s credit score, […]
Black Families Must Focus on Asset Building
By Charlene Crowell, NNPA Columnist May 29, 2015 Charlene Crowell, NNPA Columnist As the wealthy few continue to prosper, the rest of the nation is caught in a financial tug-of-war between stagnant wages and a rising cost of living. In communities of color, chronic unemployment and underemployment and a host of other […]
Consumer Complaints Lead to $1.6 Billion in Relief
April 10, 2015 Right now, the bureau is also continuing investigations of major debt collection firms regarding collections practices. (NNPA) — Financial stress can feel like a lonely struggle. But according to a new report by the Consumer Financial Protection Bureau, 460,700 consumers shared many of the same financial concerns […]