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Tip of the Week
One of the most important things you can learn in life is how to save money. It’s the first step to getting where you want to be. The 6th annual America Saves week kicks off Feb. 25. Check out the America Saves website for great tips on saving on a tight budget. http://www.americasaves.org/for-savers/199
News Alerts
Why Many People Go Without a Bank Account
Buzzwords Do Not Benefit the Unbanked
The argument in favor of payday lending
The Unintended Consequences of Cracking Down on Payday Lenders
The consumer voice
by Gerri Guzman
SHORT-TERM LENDING INNOVATION: KEEPING CREDIT ACCESSIBLE FOR ALL
It is no secret that the financial crisis has made accessing credit harder for more and more Americans. A 2011 study by the FDIC showed that more than a quarter of Americans are not getting the banking services they need to support themselves or their families. These Americans are turning to alternative sources of lending – businesses outside of traditional banking services that provide safe short-term loans.