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In the News
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WNYC: In New York, Loans to Help Young Immigrants Apply for Deferred Action
WYNC News — A year after the federal government’s Deferred Action program took effect, 22,000 young immigrants illegally in New York have obtained work permits. But that’s only about one-fourth of the people who are eligible, according to the Migration Policy Institute, a think-tank based in Washington, D.C.
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Times Union: Cuomo Cracks Down on Payday Lenders
Times Union — Gov. Andrew Cuomo and his financial services Superintendent Ben Lawsky are announcing a crackdown this morning on on-line payday lenders who charge annual interest rates as high as 1,095 percent.
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Times Union: State Targets ‘Payday Lenders’
Times Union — Gov. Andrew Cuomo and financial services Superintendent Ben Lawsky are cracking down on Internet-based “payday lenders” who charge annual interest rates as high as 1,095 percent.
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NY Times: Beauty School Students Left with Broken Promises and Large Debt
New York Times — The debt collectors call so often that Amarilis Madera knows them by name. For years, they have threatened to take her possessions and drain her bank account. In February, her $5,000 tax refund was seized.
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NY Times: Awaiting Foreclosure Relief
New York Times — Legislation in New York awaiting the governor’s signature would prevent lenders’ lawyers from leaving homeowners facing foreclosure in a state of legal suspense.
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NY Times: U.S. Vows to Battle Abusive Debt Collectors
New York Times — Federal regulators are cracking down on questionable debt collection practices by some of the nation’s biggest lenders.
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NY Daily News: Community Groups Urge Gov. Cuomo to Quickly Sign a Bill That Would Spare New Yorkers from Foreclosure
New York Daily News — Dear Gov. Cuomo: Please sign this bill so that more New Yorkers won’t lose their homes in foreclosure.
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Telemundo: Tarjeta para Cobrar
Telemundo — New Economy Project’s Deyanira Del Rio speaks to Telemundo about the growing use of payroll cards.
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NY Times: Paid via Card, Workers Feel Sting of Fees
New York Times — A growing number of American workers are confronting a frustrating predicament on payday: to get their wages, they must first pay a fee.
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NY1: Advocacy Group Details Explosion In Debt Collection Lawsuits
NY1 — The Road to City Hall’s Errol Louis spoke with Sarah Ludwig, the founder and co-director of New Economy Project, formerly known as NEDAP, about her new report “The Debt Collection Racket in New York.”