Predatory Lending

New law would allow 100% interest on payday loans; Louisiana governor vetoes what critics call a trap

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Bank of America thegrio.com

OPINION: Congress has the power to ‘fix’ the lack of access to loan options, but their decision could leave Blacks permanently in the poor house

Published by
Baltimore thegrio.com

NAACP report calls for action in Baltimore to stop economic inequality

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Luther Vandross was outed as gay after his death.

Donald Trump: African-Americans have been “treated terribly” by banks

Donald Trump held a meeting with black and Latino activists at Trump Tower in New York City on Thursday morning as
/ August 25, 2016
Luther Vandross was outed as gay after his death.

Honda agrees to pay $24 million to past minority victims of discriminatory lending

LOS ANGELES (AP) — Honda reached a settlement Tuesday to resolve allegations that the company discriminated against minority car buyers by marking up interest rates on loans, a practice industry experts describe as common because of the discretion given to individual dealerships…
/ July 16, 2015
Luther Vandross was outed as gay after his death.

Wells Fargo to pay $175M in lending settlement

WASHINGTON (AP) – Wells Fargo Bank will pay at least $175 million to settle accusations that it discriminated against African-American and Hispanic borrowers in violation of fair-lending laws, the Justice Department announced Thursday…
/ July 12, 2012