Скачать или смотреть Access and Opportunity: Predatory Financial Practices and Economic Injustice

On Monday, May 11, 2015, Rep. Elijah E. Cummings, Ranking Member of the House Committee on Oversight and Government Reform, and Senator Elizabeth Warren will hold the fifth in a series of congressional forums as part of the Middle Class Prosperity Project launched by the Members in February.

This forum will examine how mainstream financial service providers are not fully meeting the needs of many in the middle class – and many who aspire to it – for basic banking services like check cashing services and small dollar loans. It will also examine how this market is often filled by “alternative” financial service providers that sometimes employ predatory practices to trap consumers in a cycle of high fees and debt. The roles of stakeholders – including mainstream institutions, alternative financial service providers, and the federal government – will be examined closely, and panelists will discuss steps to protect vulnerable communities from being further victimized.

PANELISTS:

Maynard Hurd, Vice President of Lending, Securityplus Federal Credit Union
Robin McKinney, Director and Co-Founder, Maryland CASH Campaign
Rachel Schneider, Senior Vice President, Center for Financial Services Innovation
Mitria Wilson, Vice President of Government Affairs and Senior Counsel, Center for Responsible Lendi
Johnette Richardson, Executive Director, Belair-Edison Neighborhoods, Inc.

https://www.law.umaryland.edu