Business

CFPB Makes Move to Support Payday Lenders During Black History Month

When given the chance at the ballot box, Americans overwhelmingly vote to impose a 36 percent or less rate cap. Today, 16 states and the District of Columbia have these rate caps in place, providing strong protection from payday loan sharks. In remaining states – those without a rate cap – interest rates run as high as 460 percent in California, over 400 percent in Illinois and 662 percent in Texas […]

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Business

How Credit Scores Impact Mortgages

“How much does credit play of in the home buying process? is asked frequently. You can choose to purchase your home using cash or by financing the purchase. If you choose to finance through a bank or mortgage lender, your credit rating will play a part in your loan options. […]

Business

African American Oil Industry Veterans Open the World of Oil & Gas Using Blockchain Technology

Oil industry veterans, Donald Glover and Harold Thomas, want Black people to participate in the behind the scenes world of oil and gas by utilizing the power of Blockchain technology. African Americans are a large consumer of fossil fuels and low on the supply chain in terms of involvement and profit. Reserve Oil and Gas Coin (ROC) is an innovative project aimed to making an impact on that dynamic. […]