Financial Literacy


Lessons from Prince's Estate for the Black Community

As a member of the African-American community and in recognition of the iconic status he held for us, I am seizing this moment to use Prince's passing as a "Teachable Moment!"

Growing Poverty, Expanding Wealth Gaps Hinder Housing: Harvard Report

A more robust economy is further delayed and the so-called "housing recovery" still leaves behind those who were most harmed by the foreclosure crisis.

Rising Car Costs No Reason to Take Predatory Car Loan

It's that time of year again when days are longer, temperatures are higher and auto dealers advertise some of the most tempting deals. And while there's nothing new about new car fever or the annual ad blitz, there's a good ...

Black, Latino Leaders Support Stronger Regs for Payday, Car-Title Loans

Often consumers have opinions but wonder if anyone is listening. The proposed payday lending rule is a time when the Consumer Financial Protection Bureau not only is listening, but is relying on consumers and organizations to weigh in.

The Power of Attorney and Why We All Need One

Each person after the age of 18, the legal age of adulthood, should have a Power of Attorney document in place.

Google Bans Payday-, Predatory-Loan Ads

Google, the internet's leading search engine, announced that effective July 1 it will ban ads for payday loans and other loan products that require full repayment within 60 days.

Prince Left a Legacy But No Will

We have heard that Prince did not prepare a will. We will never know why not.

CFPB, DOJ Seek Fair Lending for Consumers, Small Businesses

As a nation prepares to elect a president, a new Congress and scores of state and local officials, recent enforcement actions suggest that instead of many businesses and corporations complying with fair lending laws for consumers, huge settlements continue for ...

A 5-Year Plan to Rebuild Black Wealth and Expand Homeownership

While economists contend that the economic recession is over, the reality for much of Black America is starkly different.

New Mortgage Modification Program Helps Homeowners Avoid Foreclosure

On April 14, in an effort to help troubled homeowners keep their homes, the Federal Housing Finance Agency announced a one-time, limited offer.

Diverse Christian Leaders Call Payday Lending Immoral, Demand Reform

A diverse coalition of Christian leaders are proclaiming that payday lending is not just a legal problem, but a moral one as well.

Spring Cleaning: Time to Review Our Estate Plans

As you enjoy the beauty that will come with this season's spring blossoms, think also of how to make time to review and renew these cornerstone documents, to assure a beautiful legacy for your loved ones for the seasons that ...

Unregulated Predatory Lending Will Cause Perpetual Poverty, Says Baptist Leader

Every once in a while a congressional committee hearing can almost seem like a time to grab your popcorn and a seat to hear the exchanges and varying opinions.

Vets, Military Families at Greater Risk for Debt Collection, Mortgage Issues

When it comes to consumer concerns, debt collection remains the top complaint most often reported to the Consumer Financial Protection Bureau.

For-Profit Colleges Challenged on Jobs, Earnings

Although the former Corinthian Colleges, once one of the nation's largest for-profit colleges, closed its doors last year, many of the problems incurred by its former students persist.