Post Tagged with: "banks"

Check cashers first appeared in New York in the 1940s. (Photo by Mariela Lombard
via El Diario)

Concern Over Check-Cashing Business Expansion

Business, New York August 14, 2015 at 3:59 pm

As check-cashing businesses want to start lending money, organizers and customers question the fees and high interest rates of their loans, El Diario reports.

Nisha Agarwal (Photo by Emilia David for Voices of NY)

Financial Access Hard to Get for Immigrants

Government, Immigration, New York February 27, 2015 at 5:00 pm

Immigrants turn to so-called “fringe” financial services to do their banking where they do not face the impediments found at formal financial institutions, finds a report released by the Northwest Queens Financial Education Network.

Bank employees clearly point out that many Chinese are entirely unaware that they can still open a bank account without a social security number. (Photo by Yingshu Sun via The China Press)

No Need to Stash Cash

East Asian, Queens August 13, 2014 at 3:02 pm

Some Chinese stash months’ worth of saved-up cash at home, believing that a Social Security number is required for a bank account but a China Press article explains that it is not necessary.

Someone Hernandez feels his family's spending habits helped him reach the American Dream. (Photo by xxx)

Immigrants Baffled by US Debt Culture

Business, Culture, Economy, Featured Posts October 24, 2012 at 4:42 pm

Many immigrants don’t like to carry any debt and are more disciplined about saving than Americans in general, but these good habits can hurt them with a banking industry that relies on credit reports and proof that someone can pay their bills.

Amsterdam News reported that many African-Americans have been treated unfairly by bankruptcy attorneys. (Photo by Justin Chan)

Study Finds That African-Americans Face Discrimination in Bankruptcy

African American, Economy April 17, 2012 at 11:07 am

African-Americans are more likely than whites to experience racial discrimination when filing for bankruptcy, the Amsterdam News reported. A new study has found that attorneys tend to steer African-Americans toward a more expensive and complicated form of bankruptcy.

Opinion: Yo Decido… That The Deportations Will Continue

Opinion: Yo Decido… That The Deportations Will Continue

Latino, Politics March 9, 2012 at 1:07 pm

The Time Magazine headline, “Yo Decido; Why Latinos Will Pick the Next President,” caused a stir in the Latino press. In a column translated from La Tribuna Hispana, opinion-writer Lux Fer dismisses as empty flattery the idea of Latinos deciding major policy.

Families fight banks for loan modifications

African American, Economy, Housing, Latino, Metro Area, Video January 22, 2012 at 1:29 pm
Smaller banks and credit unions attract customers with no fees for checking accounts and debit cards.

Polish credit unions crowded on Bank Transfer Day

Eastern European, Economy, In the News November 10, 2011 at 4:55 pm

Polish American credit unions and smaller banks saw an increase in customer interest on Bank Transfer Day. They charge no fees for checking accounts and debit cards.

Student cyber-scammers get light sentences

Student cyber-scammers get light sentences

Featured Posts, Immigration, New York, Opinion November 9, 2011 at 3:50 pm

Light sentences for scammers blamed for $3m bank fraud raise questions about law enforcement and the J-1 visa program.