Monday, May 27, 2019
CLOSE
 
Charlene Crowell
Time to Wake America up from its Student Debt Nightmare
April 25, 2019
Higher education has always offered opportunities to learn and earn a better quality of life. But in the 21stCentury, higher education has also become synonymous with ever deepening debt. More than 44 million consumers of varying ages and occupations struggle with $1.5 trillion in student debt.  ... read more »
After 51 Years, Fair Housing Still an Unfinished Journey
April 11, 2019
... headline news articles reminded the nation that housing discrimination still exists. ... read more »
$62 Billion in Education Cuts Proposed, Key College Aid Could Be Slashed
April 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.    ... read more »
Education Department Helps Loan Servicers Instead of Borrowers
February 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. ... read more »
Auto Loan Delinquencies Climbed to $9 billion in 2018
February 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. ... read more »
CFPB Makes Move to Support Payday Lenders During Black History Month
February 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. ... read more »
Don’t Let Predatory Tax Loans Take Your Refunds
January 24, 2019
“…across the country, advertising – particularly on urban radio – tempts listeners with easy ways to get a loan against anticipated tax refunds. But just like other predatory lending products, what is advertised is not quite what consumers receive. ... read more »
Unexpected For-Profit College Closures Come Before Christmas
December 27, 2018
“…this year, just a week before Christmas, there are people who were dealing with the aftermath of something far colder than the weather: college closures with no advance notice and a promise of more information at a date yet to be determined.” ... read more »
Don’t Let Small Dollar Loans Ruin Your Holidays
December 13, 2018
In this wonderful time of the year when family and friends gather in good cheer to celebrate the holidays, nearly everyone has a number of lists. From greeting cards to shopping for gifts, decorations and more, lists are made and reviewed to keep pace with the barrage of seasonal activities.  ... read more »
CFPB Neglects Duty to Enforce Military Lending Act  
November 15, 2018
Vet Organizations, State AGs, and Consumers Sound the Alarm  ... read more »
Debt and Rising Home Costs Continue to Defer Homeownership
November 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. ... read more »
CRL Calls for Firing of CFPB Fair Lending Official Who Used N-Word
October 11, 2018
Recent and stunning disclosures of racially-offensive writings by a high-ranking official at the Consumer Financial Protection Bureau (CFPB) has unleashed an escalating barrage of criticisms, including calls for the official to be fired and more probing questions regarding the agency’s commitment to fair lending. ... read more »
Homeowner Bill of Rights: Protecting Families from Life’s Financial Storms
October 4, 2018
In recent weeks, multiple news sources have reported on the 10-year anniversary since the onset of the nation’s foreclosure crisis. Between 2007 and 2011, 10.9 million homes went into foreclosure, with 8 million completing that process. Additionally, $1.95 trillion in lost property value affected both families who lost their homes to foreclosure, as well as their nearby neighbors who remained in their homes. ... read more »
For-Profit College Students Share Sagas of Debt and Disillusionment
September 27, 2018
College students today come in many ages and from many backgrounds. In addition to recent high school graduates, there are laid off workers who need updated skills, and single heads of household returning to school to better provide for their families. Veterans seeking to transition to civilian life are also seeking higher education as a way out and up the financial ladder.  ... read more »
Black Wealth Still Plummeting, CRL Tells Lawmakers
August 31, 2018
For years, and particularly in recent months, major news outlets have heralded the nation’s robust economic recovery. From rising corporate profits, to lower unemployment, or rising stock prices on Wall Street, many consumers might conclude that financial stability not only returned after the Great Recession but continues to climb. ... read more »
SEARCH:    
Videos


Photo of the Day

Events

LA Sentinel
in your pocket:





NIPSEY HUSSLE
COMMEMORATIVE EDITION

LA Watts Times


TOS-Cookbook-Web

© 2019 Los Angeles Sentinel All Rights Reserved • A Bakewell Media Publication

AboutArchivesContact UsCorrections & MisprintsMedia Kit

Terms of ServicePrivacy Policy

LA Watts TimesTaste of Soul