Archives by: Charlene Crowell

Charlene Crowell

Charlene Crowell's articles and posts

Progressive Voices Top Story

New national poll: Consumers overwhelmingly reject Trump’s financial industry deregulation

A decade ago, the entire nation suffered through a financial crisis that led to the brink of a global financial collapse. While Wall Street reckoned with its risky practices, America’s families suffered lost wealth of nearly $2 trillion, half of it coming from communities of color who were targeted for high-cost and unsustainable mortgages. Now a new poll finds that even with the passage of a decade, consumers still support financial regulation and related enforcement.

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Progressive Voices Top Story

Racial mortgage disparities persist as federal housing enforcement lags

In the classic movie film, Gone with the Wind, the owner of the Tara plantation admonished his daughter for remarking that she didn’t care about her home. In a sharp rebuke, Gerald O-Hara declared that “land was the ...
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Progressive Voices Top Story

Burr, Tillis vote to revoke protections against discriminatory car loans

America is often touted as a nation of laws, and not of men. But it seems that today some lawmakers have no interest in upholding laws that mandate fairness in financial services – particularly when consumers of color are affected.

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New report: For-profit colleges are almost always a risky investment for students

Mounting student debt is a nagging problem for most families these days. As the cost of higher education rises, borrowing to cover those costs often becomes a family concern across multiple generations including the student, parents, and even grandparents or other relatives.

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Progressive Voices

Credit CARD Act saves consumers billions, yet more work remains

With 71 percent of consumers having at least one credit card, new research findings from two different sources show that the Credit CARD Act, enacted in 2009, is working. The only difference between the reports is just how ...
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Must Reads

Student loan debt is undermining our future

New study finds student loan debt reduces lifetime wealth: For borrowers, $1 trillion in student debt causes $4 trillion of lifetime wealth loss A new research report on America’s still-growing student loan debt found that its financial effects can ...
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Progressive Voices

Foreclosures cost communities of color $1 trillion in home equity

Communities of color bear more than half the nation’s cost burden Every time a family loses a home to foreclosure, the negative effects flow through the community, especially nearby neighbors who lose value in their own properties. Among ...
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Progressive Voices

Payday loans still not a good thing for North Carolina

Statewide coalition pledges to oppose products offered by banks Although payday loans are illegal in North Carolina, Alabama-based Regions Bank has recently decided to bring them back. The last of the illegally operating payday lenders were kicked out ...
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Progressive Voices

Consumer Financial Protection Bureau becomes official

For everyday people who know what it means to be snookered financially, July 21 is a day worth noting. On this date, the federal Consumer Financial Protection Bureau (CFPB) becomes the official consumer cop on the beat, fighting ...
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