The “Move Your Money” campaign got an extra boost this morning as it was mentioned on NPR’s Morning Edition. Organizers of the campaign, which encourages consumers to move their money out of the big banks and into small local banks and credit unions, say that half of the zip codes in the United States have
The National Council of La Raza (NCLR) partnered with the Center for Community Capital (CCC) at the University of North Carolina to produce their recent report titled The Foreclosure Generation: The Long-Term Impact of the Housing Crisis on Latino Children and Families. NCLR’s findings reflect the impact of foreclosures on family situations and lifestyles. They
Jonathan Mintz, the Commissioner for the New York City Department of Consumer Affairs, recently put out a list of the top 10 financial products and practices that he thinks should be covered in 2010. This list comes as the result of the Cities for Financial Empowerment summit where Mintz was struck with the similarities between
Senator Michael Bennet (D-CO) recently wrote an Op-Ed for the Denver Post about changes in credit card terms and the need for more financial regulation to effectively protect consumers. He talks about the improvements that are about to go into effect, and says: These long-overdue reforms also serve as a reminder that Congress needs to
Professor Alan White recently submitted an op-ed to the South Bend Tribune about the need for better financial regulations. Among other things, his piece says: Much of the debate regarding the proposed Consumer Financial Protection Agency misses the point. The question is not whether banking, credit, insurance and investment services should be regulated. Congress and
The Huffington Post is focusing on small business support for the CFPA this week. Read their piece here. An effective CFPA would protect small businesses from deceptive loans and ensure them a steady flow of quality credit. If you are a business person or investor (retired or active), please sign our petition in support of