Washington Informer
Findings Prompt Calls for Policy Reforms to Eliminate Racial Wealth Gaps According to a new research report, America's racial wealth gaps will persist until public policy reforms provide every family the opportunity to build wealth. Less than Equal: Racial…
Depending on the day, what you're reading or who you're listening to, the economy is either still in the tank, in recovery, getting worse or is on the upswing. Whatever the fluctuating state of the American economy, money is being…
African American investors report high levels of confidence in their financial future, along with optimism about the political and economic future of the country, according to a recent Wells Fargo nationwide survey. Despite proactive planning and intentional cuts in spending,…
The old saying, 'the check is in the mail', is often considered a ruse not worth heeding. But beginning April 12, checks will begin going into the mail for 4.2 million mortgage borrowers who were in the foreclosure process in…
One of the worst ironies of the nagging economic recession is that consumers with the fewest financial resources have lost the most. Now, a new report finds that payday loans not only strip much-needed income from low-income families; but…
As More Employers Review Credit History, Unpaid Medical Bills Revealed As Black America continues to struggle with disproportionate unemployment rates, a new research report draws an important connection between accessing employment and credit checks. Published by Demos, a…
The earned income-tax credit cuts your federal income tax and can get you as much as a $6,200 tax credit this year if you're in the low- to moderate-income bracket. And the District of Columbia, Maryland and Virginia…
Published in
Financial Literacy
Written by Idriys J. Abdullah, Consumer Protection Advocate, DC Department of Insurance, Securities and Banking
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Written by Idriys J. Abdullah, Consumer Protection Advocate, DC Department of Insurance, Securities and Banking
Not long ago, a man complained to the D.C. Department of Insurance, Securities and Banking that his insurance company had bumped the premium for his small-group policy by a third. It could have been worse; the insurer had actually…
Published in
Financial Literacy
Written by Lucy Drafton-Lowery, Public Affairs Specialist, D.C. Department of Insurance, Securities and Banking
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Written by Lucy Drafton-Lowery, Public Affairs Specialist, D.C. Department of Insurance, Securities and Banking
SAN FRANCISCO – Wells Fargo is once again providing access to free credit scores and complimentary credit reports to its consumer customers from March 1 – April 15, 2013. And, to help encourage consumers to set financial objectives, the company…
Did you know that tens of thousands of new products are introduced to consumer markets around the world every year? It could be a new flavor of ice cream, a fancy new electronic gadget or the latest shade of red…
$170 million Effort Offers Home-buying Education, Down Payment Assistance for Moderate Income Buyers in 20 U.S. Housing Markets San Francisco and Washington, DC — Wells Fargo, one of America's leading financial services companies, and NeighborWorks America, a national…
$170 million Effort Offers Home-buying Education, Down Payment Assistance for Moderate Income Buyers in 20 U.S. Housing Markets San Francisco and Washington, DC — February 5, 2013 — Wells Fargo, one of America's leading financial services companies, and NeighborWorks America,…
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