By TaRena Reece CPDCD Marketing Manager Zack Friedman, a Forbes contributor, recently reported that student loan debt in the U.S. is a 1.5 trillion dollar crisis. According to Friedman, with more than 44 million borrowers, student loan debt is the “second highest consumer debt category … higher than both credit cards and auto loans.” In Read More »
Millions recently filed their federal income tax returns and now await their Internal Revenue Service refunds. Many people use this time to reassess goals and take responsible advantage of that check. Tina Pollard is consumer lending manager at Citizen Potawatomi Community Development Corporation and one of three certified credit counselors on staff. During a recent Read More »
The Citizen Potawatomi Nation Community Development Corporation is not the kind of financial institution that worries financial regulators like the Consumer Finance Protection Bureau. More often than not, it is a champion of the little guy. Its staff works with tribal members and employees to provide financial products and counseling services. It offers these same Read More »
According to the statistics from the St. Louis Federal Reserve Bank, with more than 20,000 across the U.S., there are more payday loan lenders in the U.S. than franchise locations of either Starbucks or McDonald’s. The golden arches boast a paltry 14,267 franchises by comparison. The wide presence of this specific kind of lending institution, Read More »
New Year’s resolutions for many might include losing weight, saving money or starting a new job. The Hownikan spoke with several employees around the Tribe for tips on how to achieve these goals.
“Buy here, pay here” car lots, payday and signature loan lenders all are big business in Oklahoma. In the nonprofit world, we call these companies predatory lenders. There is a distinct reason we consider them predatory. Like lions, they prey on people who can’t get away. Most of the time, a bruised credit report causes Read More »