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Charlene Crowell

Nation’s Racial Wealth Divide Worsens With Federal Tax Cuts: Black Families Have A Dime For Every Dollar Held By Whites
BusinessCharlene CrowellEconomyFinanceNationalNews (Business)Op-EdOpinion

Nation’s Racial Wealth Divide Worsens With Federal Tax Cuts: Black Families Have A Dime For Every Dollar Held By Whites

Charlene CrowellMay 2, 2019

If you’re like me, every time you hear a news reporter or anchor talk about how great the nation’s economy is, you wonder what world they are living in. Certainly these journalists are not referring to the ongoing struggle to make ends meet that so much of Black America faces. For every daily report of Wall Street trading, or rising corporate profits, you’re reminded that somebody else is doing just fine financially.

Prayers and Petitions Call for Payday Rule Enactment Clergy Pray in Protest at Trump Doral While 130-Member Coalition Petitions CFPB
Charlene CrowellNews (Business)Opinion

Prayers and Petitions Call for Payday Rule Enactment Clergy Pray in Protest at Trump Doral While 130-Member Coalition Petitions CFPB

Charlene CrowellApril 12, 2019

Every year the payday lending industry convenes in an effort to further expand and preserve the combined $8 billion-dollars in fees generated each year by consumers caught in that and car-title loans. This year, 2019, also marks the second consecutive year, that the organization representing sellers of these debt-trap loans, the Community Financial Services Association of America (CFSA), has held its event at the Trump National Doral resort in Miami.

$62 Billion in Education Cuts Proposed, Key College Aid Could Be Slashed
BusinessCharlene CrowellEducationFamilyNationalNewsNews (Business)News (Family)OpinionPolitical

$62 Billion in Education Cuts Proposed, Key College Aid Could Be Slashed

Charlene CrowellApril 4, 2019

Every budget defines priorities and values. To put it another way, what’s really important in life gets supported financially. For many families, having a home, food, and utilities usually rank pretty high. Then there are other budgetary concerns like saving for college or having a ‘rainy day’ fund to cover less frequent costs that can be much higher than the size of the next pay check.   

Education Department Helps Loan Servicers Instead of Borrowers
BusinessCharlene CrowellNews (Business)Opinion

Education Department Helps Loan Servicers Instead of Borrowers

Charlene CrowellFebruary 28, 2019

In an increasingly competitive global economy, highly skilled workers have a sharp advantage in securing and keeping employment. And as technological advances result in life-long learning in many occupations, many worker-students turn to federal student aid, the largest source of funding for higher education, to expand and/or hone their value in the marketplace.

Auto Loan Delinquencies Climbed to $9 billion in 2018
Charlene CrowellOpinion

Auto Loan Delinquencies Climbed to $9 billion in 2018

Charlene Crowell, NNPA Newswire ContributorFebruary 21, 2019

…in April of last year, Congress used the Congressional Review Act to nullify the Consumer Financial Protection Bureau’s (CFPB) auto finance guidance that held auto lenders responsible for discriminatory lending practices prohibited under the Equal Credit Protection Act. This distorted use of the Congressional Review Act, sometimes known as another CRA, was never intended to overturn long-standing agency practices.

CFPB Makes Move to Support Payday Lenders During Black History Month
BusinessCharlene CrowellNews (Business)Opinion

CFPB Makes Move to Support Payday Lenders During Black History Month

Charlene CrowellFebruary 15, 2019

When given the chance at the ballot box, Americans overwhelmingly vote to impose a 36 percent or less rate cap. Today, 16 states and the District of Columbia have these rate caps in place, providing strong protection from payday loan sharks. In remaining states – those without a rate cap – interest rates run as high as 460 percent in California, over 400 percent in Illinois and 662 percent in Texas.

Wendy’s Window-‘This Christmas’
Charlene CrowellOpinionWENDY'S WINDOW

Wendy’s Window-‘This Christmas’

Wendy GladneyDecember 20, 2018

I have a dear lifelong friend by the name of JC, who I recently reconnected with and during one of our conversations we were talking about how different religions are bold in sharing their faith, while others may be a little more reserved.  Recently, on a day when he happened to be home, some Jehovah’s Witnesses stopped by and knocked on his door.

Debt and Rising Home Costs Continue to Defer Homeownership
Charlene CrowellOpinion

Debt and Rising Home Costs Continue to Defer Homeownership

Charlene CrowellNovember 8, 2018

A decade has passed since the housing collapse.  In that time, bank profits are back and continue to rise. Despite occasional trading fluctuations, the stock market remains profitable for most investors. Then there’s the low rate of unemployment that is often cited as if economic strides have included nearly everyone.