-
CNBC: Confusion Still Surrounds Overdraft Policies
CNBC — Checking accounts—and the debit cards that come with them—should be a simple and straightforward way to handle routine financial transactions. And yet, many people simply don’t understand the overdraft policies at their bank or credit union.
-
Queens Ledger: Students Fight to Keep Credit Checks Out of the Hiring Process
Queens Ledger — Queens College students held a rally last week on the campus to garner further City Council support for a two-year-old fight to stop credit checks as part of the employment process in New York City.
-
NY1: Queens College Students Rally to Support Credit Discrimination in Employment Act
NY1 — Students and local officials are speaking out. They want to change a current law they say can ruin their chances at getting jobs.
-
The Huffington Post: Debt Collection ‘Factory’ Preyed On Broke Americans: Lawsuit
The Huffington Post — A federal watchdog is suing a collection agency that allegedly operated like a “factory” churning out lawsuits against cash-strapped borrowers, often using misleading, deceptive and illegal practices.
-
Pix11 News: New York City to Issue New ID Cards
PIX11 News — It’s designed to help move out of the shadows at least a half million New Yorkers who, for whatever reason, don’t have formal I.D. cards. However, New York City municipal identity cards, which are widely expected to be approved by the city council on Thursday, still have some challenges to overcome before…
-
U.S. Federation of Worker Cooperatives: New York City Invests In Worker Cooperatives
US Federation of Worker Cooperatives — On Thursday, June 26th the New York City Council will vote to approve the city’s annual budget, which contains a $1.2 million initiative to fund the development of worker cooperatives.
-
Univision: Acuerdo Evitara que Pequeños Errores le Afecten
Univision Nueva York — New Economy Project’s Liz Fusco discusses banks’ use of ChexSystems to deny people bank accounts.
-
NYS Attorney General: Proposition of Payroll Card Act
Attorney General Eric T. Schneiderman, Press Release — Attorney General Eric T. Schneiderman today joined with Assembly Majority Leader Joseph D. Morelle and Senator Patrick Gallivan in proposing legislation regulating the use of payroll cards to increase protections for workers, clarify ambiguities in the law, and ensure that payroll cards offer a convenient and beneficial…
-
The Washington Times: New York City ID Card May Aid Immigrants, Homeless
The Washington Times — So here’s something for all those who consider themselves card-carrying New Yorkers: a card to carry.
-
NY Times: Dealing With Debt Collectors
The New York Times — If you’ve ever been dunned by a debt collector, you’re not alone: Roughly one in seven American adults is being pursued by a collector, for amounts averaging about $1,500.
-
Oneida Daily Dispatch: New York State Chief Judge Jonathan Lippman Aims to Bring Fairness to Consumer Debt Cases
Oneida Daily Dispatch — New York’s chief judge on Wednesday proposed new filing requirements for debt collectors that he says will bring more fairness to state consumer cases and put them in line with due process.
-
American Banker: Top New York Judge Toughens Debt-Collection Lawsuit Rules
American Banker — New York’s chief judge is trying to reform the way banks and third parties sue borrowers over unpaid bills, joining a wave of regulatory efforts to fix widespread problems in the debt-collection industry.