Coalition for Economic Opportunity | Resources
|
Read more
|
|
Join Find out more about opportunities to join our advocacy campaign
Make a Donation Make a tax-deductible donation directly to the Coalition for Economic Opportunity |
|
Home Page |
Information about the unbanked and underbanked:
Michael S. Barr, Banking the Poor: Policies to Bring Low-Income Americans into the Financial Mainstream: http://law.bepress.com/umichlwps/olin/art48/ or http://www.hiddenmysteries.org/money/aids/Doc_File_698_1.pdf
Consumer Federation of America, Checked Out: Consumers Pay a Steep to “Bank” at Check Cashing Outlets: http://www.consumerfed.org/elements/www.consumerfed.org/file/finance/CFA_2006_Check_Cashing_Study111506.pdf
FDIC National Survey of Unbanked and Underbanked Households: http://www.fdic.gov/householdsurvey/full_report.pdf
Federal Reserve Bank of St. Louis: Reaching the Unbanked and Underbanked:
United Way of Greater Los Angeles, The Unbanked Problem in Los Angeles: http://www.unitedwayla.org/getinformed/achieve/Documents/TheUnbankedProbleminLosAngeles.pdf
Woodstock Institute and the Public Action Foundation, Debt Detour: The Automobile Title Lending Industry in Illinois: http://www.responsiblelending.org/other-consumer-loans/car-title-loans/debtdetour_sept2007_egan.pdf
Center for Responsible Lending, Car Title Loans: Driving Borrowers to Financial Ruin: http://www.responsiblelending.org/other-consumer-loans/car-title-loans/rr008-Car_Title_Lending-0405.pdf
Center for Responsible Lending, State-by-State Map of Payday Lending Stores Per Household: http://www.responsiblelending.org/payday-lending/policy-legislation/states/2010-CRL-US-Payday-Stores-per-Household-pdf-FINAL-Sept.pdf
Center for Responsible Lending, Phantom Demand: Short-term due date generates need for repeat payday loans, accounting for 76% of total volume: http://www.responsiblelending.org/payday-lending/research-analysis/phantom-demand-final.pdf
Center for Responsible Lending, APR Matters on Payday Loans: http://www.responsiblelending.org/payday-lending/research-analysis/apr-matters-on-payday-loans.html
Center for Responsible Lending, Payday Loans Put Families in the Red: Research refutes industry claim that payday loans prevent overdraft fees: http://www.responsiblelending.org/payday-lending/research-analysis/payday-puts-families-in-the-red-final.pdf
Center for Responsible Lending, Wealth-stripping payday loans trouble communities of color: http://www.responsiblelending.org/payday-lending/research-analysis/az-payday-communities-of-color-10-2-final.pdf
Center for Responsible Lending, Financial Quicksand: Payday lending sinks borrowers in debt with $4.2 million in predatory fees every year: http://www.responsiblelending.org/payday-lending/research-analysis/rr012-Financial_Quicksand-1106.pdf
Center for Responsible Lending, Race Matters: The Concentration of Payday Lenders in African-American Neighborhoods in North Carolina: http://www.responsiblelending.org/payday-lending/research-analysis/rr006-Race_Matters_Payday_in_NC-0305.pdf
Information about alternative loan programs:
The FDIC, Small-Dollar Loan Pilot Project: http://www.fdic.gov/smalldollarloans/
The Woodstock Institute, Report on Payday Alternative Loans Offered by Community Development Credit Unions: http://www.woodstockinst.org/publications/research-reports/10/20/
Annie E. Casey Foundation, Low-Cost Payday Loans: Opportunities and Obstacles: http://www.aecf.org/KnowledgeCenter/Publications.aspx?pubguid={E9CA9157-7E15-4A95-902D-F26132C36AA6}
Washington Post, Credit Unions Slowly Fill Void as Payday Lenders Leave D.C.: http://www.washingtonpost.com/wp-dyn/content/article/2008/07/25/AR2008072502865.html
Bank On SF Payday Plus Alternative Loan Program: http://www.huffingtonpost.com/gavin-newsom/an-alternative-to-payday_b_432495.html
Daily Finance, Alternative Loan Programs: http://www.dailyfinance.com/story/credit/costly-cash-where-to-turn-if-youre-strapped-for-money/19387076/
Arkansans Against Abusive Payday Lending Alternative Loan Program: http://www.stoppaydaypredators.org/pdfs2/aaapl_payday.pdf
Information about the Bank On movement:
Bank On Programs across the Nation: http://joinbankon.org/
The Federal Reserve Bank of San Francisco’s Overview of Bank on SF: http://www.frbsf.org/community/issues/assets/bankonsf/resources.html
Bank On Savannah: http://stepupsavannah.org/bankonsavannah/
Bank On Providence: http://www.bankonprovidence.org/about-bank-on-providence/
Bank On Seattle-King County: http://www.everyoneiswelcome.org/
Bank On Evansville: http://www.bankonevansville.org/
Bank On Denver: http://www.bankondenver.org/
National League of Cities Resources for Bank On Initiatives: http://www.nlc.org/articles/articleItems/NCW92208/BankOnroundtable.aspx
Information specific to Charlottesville:
C-VILLE Weekly, City asks state to cap payday lending: http://www.c-ville.com/index.php?cat=141404064431134&ShowArticle_ID=11430511073991300
C-VILLE Weekly, Payday Lenders Are On The Prowl: http://militarymoney.com/DebtHelp/deceptivepractices/tabid/75/itemId/1750/Default.aspx?1084552685
The Hook, The Tough Customer – Predatory practices? Car title lender back-pedals: http://www.readthehook.com/Stories/2007/12/13/TOUGH-cartitleloans-A.rtf.aspx
The Daily Progress, City Council could go on offense over payday loans: http://www2.dailyprogress.com/news/cdp-news-local/2010/jun/07/city_council_could_go_on_offense_over_payday_loans-ar-64376/
