News & Events
-
Telemundo: Tarjeta para Cobrar
Telemundo — New Economy Project’s Deyanira Del Rio speaks to Telemundo about the growing use of payroll cards.
-
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.
-
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.”
-
Bloomberg Businessweek: How Debt Collectors Ruin Credit Reports With ‘Sewer Service’
Bloomberg Businessweek — Creditors filed “upwards of 200,000” debt collection lawsuits in New York State in 2011, according to a report this week from the New Economy Project, a community advocacy group that has sued debt collectors in the past.
-
Buffalo News: N.Y. Consumer Group Targets Deceptiveness of ‘Debt Buyers’
The Buffalo News — Hundreds of thousands of New York consumers are victimized by “predatory” debt-collection practices in which “debt buyers” flood the courts with unsubstantiated lawsuits and give inadequate legal warning to consumers in the hope that no one shows up to contest the claims, a new report by a consumer group said Monday.
-
Syracuse Post-Standard: Report Finds Debt Collectors Abuse the Courts in Syracuse
Syracuse Post-Standard — Rosetta had no idea she had any outstanding debt until she was told at work that her wages were about to be garnished to repay the debt. The Syracuse woman, who didn’t want her last name used, said her identity had been stolen by someone who racked up more than $4,000 in…
-
Debt Collection Industry Perpetrates Systemic Fraud on Hundreds of Thousands of New Yorkers, Says New Report
The debt collection industry perpetrates systematic, large-scale fraud against New Yorkers, using the courts as a collection mill and depriving hundreds of thousands of New Yorkers of due process, according to a report released today. Based on a statistical analysis of state-wide court data and a sample of debt-buyer cases, the report describes how debt…
-
2013 Economic Justice Film Series
New Economy Project presents screenings of Park Avenue: Money, Power and the American Dream, and Shift Change — followed by discussions with Maurice Mitchell, coordinator of the New York Civic Engagement Table; members of the Si Se Puede/Yes We Can worker cooperative; Omar Freilla, founder and coordinator of Green Worker Cooperatives; and others.
-
NBCNews.com: Courts Clogged by Debt Cases, ‘Rubber Stamp’ Rulings, Advocacy Group Says
NBCNews.com — In Rochester, N.Y., city court is a busy place – for debt collectors. Plaintiff’s lawyers seeking judgments against alleged debtors consume 89 percent of the court docket — 7,148 of the 8,032 lawsuits heard in city court during 2011 involved debt collection, a remarkable number.
-
Groups in Four Key States Call for End to Payday Lending; Joint Report Highlights Need for Strong Action by Federal and State Regulators
Leading financial justice organizations from four key states today called on federal and state regulators to ban all types of payday lending. The organizations, from California, Illinois, New York, and North Carolina, released a report highlighting the need for strong state and federal laws, and filed detailed comment letters with federal regulators urging strong action…