These businesses target families with incomes below $35,000, and people of color are three times more likely to receive abusive loans than whites. People with blemished credit are often passed over when seeking jobs.
Imagine how different things for children might be if politicians were the ones to lose their jobs for failing to improve education, reduce child poverty, etc. What is needed is a focus on the needs of children before it is too late.
A new report by the Urban Institute and Encore Capital Group's Consumer Credit Research Institute shows 77 million Americans -- 35 percent of those with files at a major credit bureau -- have a debt in collection. But as you can expect, there is always someone profiting from poverty.
Legislation that regularizes the status of over 11 million undocumented individuals will be a long-awaited boon to immigrants and their families. But will they have the support they need to go through what will undoubtedly be a long and arduous process?