Predatory Lending Archives - Black Enterprise

Tag Archives: Predatory Lending

Dodd-Frank

Trump’s Roll Back on Dodd-Frank Could Cripple Black Businesses and Borrowers

Donald Trump issued an Executive Order aimed at reducing several requirements in Dodd-Frank. President Barack…

Read More »
JP Morgan Chase

JPMorgan Chase To Settle Mortgage Discrimination Suit for $55M

Bank settles with federal authorities for charging minority home buyers higher rates

JPMorgan Chase has agreed to pay $55 million to settle a lawsuit filed by Justice…

By Carolyn M. Brown

Posted: Tags: , , , , , , , ,

Americans Carrying Record Amounts of Car Debt

Data shows jump in borrowing by financially stressed groups

Still, lenders are trying to extend their borrowing pool by attracting people with lower credit…

By Stacey Tisdale

Posted: Tags: , , , , , , , , , , , , , ,

Congress and Church Take Aim at Payday Lending

Protecting communities from high rate loans

Congress and members of the clergy take aim at the payday lending industry and how…

By Stacey Tisdale

Posted: Tags: , , , ,

[STUDY] Wealth Gap for Black and White Homeowners Hurting Future Generations

A study finds an inability to pass on generational wealth

A study finds the racial wealth gap increased dramatically after the housing crisis, causing challenges…

By Stacey Tisdale

Posted: Tags: , , , , ,

Car Title Lenders Find Loopholes to Overcharge Customers

Florida-based TMX Finance is allegedly one of the chief offenders

Customers are being subjected to triple-digit interest rates.

By Sheiresa Ngo

Posted: Tags: ,

Atlanta-Area Counties Sue HSBC for Predatory Lending

First money laundering, now this. HSBC is in hot water again.

Three Atlanta-area counties have filed a lawsuit claiming that British bank HSBC disrupted their tax…

By Makkada B. Selah

Posted: Tags: , ,

How To

Equifax hack

After 143 Million Left Vulnerable by Equifax Hack, Here’s What You Can Do

The Equifax hack could be the largest data theft involving Social Security numbers, which is…

Read More »
JavaScript Developer

How She Became a Full Stack JavaScript Developer In 5 Intensive Months

My biggest lesson learned was overcoming limitations I had put on myself regarding what I…

Read More »