For Black America, this shifting financial burden brings a new level of financial stress, worsened by the cumulative effects of life-long wealth inequality.
Browsing: Business
At SouthState, we believe homeownership should reflect the unique needs of every borrower. That’s why our Construction and Renovation loan was created to give families, first-time buyers, and community members the flexibility to build or improve the home that’s right for them.
A new survey shows that under the Trump administration, Black adults’ financial well-being continues to deteriorate disproportionately.
Long-awaited settlement includes refunds on payments for over 150 for-profit schools
Just in time for Black Business Month, banking pioneer Walter L. Davis unpacks the landmark merger creating the nation’s largest Black-owned bank
But the high price of vehicles is not the only financial challenge confronting Black and other consumers of color. Discriminatory and predatory practices in the sale and financing of cars have pushed millions of buyers into longer and higher priced loans.
The deadline to choose is September 29. Once borrowers complete their new enrollment, monthly payments will begin per the terms of each. After the deadline, any borrower that did not choose will be placed in a standard repayment plan. Further, pending SAVE applications will be denied.
The State of the Nation’s Housing 2026, newly released by Harvard’s Joint Center on Housing Studies, makes clear that the financial anxiety nearly all consumers suffer from housing cost burdens is but one of many dimensions to a national crisis affecting consumers, business, and government alike.
The City of Miramar is investing in local entrepreneurship and community development through a new grant initiative designed to help small businesses and nonprofit organizations strengthen their operations and expand their impact.
For more than 50 years, the Equal Credit Opportunity Act (ECOA) has been an effective federal safeguard to ensure that Black, Latino, Native Americans and other economically marginalized people have fair access to safe and affordable credit. Enacted with bipartisan support in Congress and signed into law by President Gerald Ford in 1974, ECOA has been a legal backbone in the fight against financial discrimination for literally millions of qualified borrowers.