Economy articles

Credit card companies’ tactics remind consumers of color of subprime mortgage fiasco – in reverse

LatinaLista — Credit cards. Can’t live with the interest rates and can’t live without the convenience of fast cash — what’s a person to do? Well, too many families, especially Latinos, are finding they have no choice but to use their credit cards to survive these uneasy times. Unfortunately, usage is rising, along with debt. [...]

First national pro bono legal service event lasts from Oct. 25-31

LatinaLista — In these tough economic times, it’s not unusual for some people to need expert legal advice. The need for legal services among the poor is overwhelming. According to an American Bar Association study, at least 40% of low and moderate-income households experience a legal problem each year. Yet studies show that the collective [...]

New study shows most Latino students drop out of high school for economic need

LatinaLista — It’s estimated that there are 6.2 million high school dropouts in the nation. Contrary to what some say, it’s the high school dropouts who are fueling the rise in our prison populations according to a new study.   Consequences of Dropping out of High School: Joblessness & Jailing for High School Dropouts & [...]

Budget cuts taking Gwinnett County library branches out of Latino communities

LatinaLista — Gwinnett County, Georgia is home to one of the state’s largest Latino communities. It’s also home to some of the most stringent county budget cuts being exercised in these recessionary times. The most drastic budget cuts are being applied to the county’s library system. It seems the Gwinnett County Library Board has to [...]

Micro Lending Assistance Program Luncheon

Text and photos by Gabriel Cervera Mexicans and Americans Thinking Together (MATT) and ACCION Texas, launched the MATT Micro-lending Assistance Program, both organizations jointly created this program to help individuals establish their new small enterprise.   Secretary of the State of Texas Hope Andrade was a special guest at the event. She expressed the sat- [...]

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