EUR This N That | Urban Black News Blog

60 Million U.S. Residents Are Without Bank Accounts

We, in the black community, probably thought it was only our Uncle Ray that was still using his mattress as his savings account, but according to a comprehensive survey by The Federal Deposit Insurance Corp. (FDIC) ”nearly 22 percent of black households and 71 percent of families earning less than $30,000 do not use banks.”  The [...]

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President Obama Set to Shame Banks On Foreclosures

The banks have gone too far in their quest to fleece America.  The banks are constantly charging fees and adding new ones everyday.  The foreclosure list is growing and their hasn’t been any leniency for credit card holders.  Any delinquency is not tolerated.  They are not offering clients even a little breathing room for all [...]

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Student Loans Are Troubling Banks and Students

  As college tuition rises students need more and more money to finance their education.  The banks and the government are still giving money to students for the time being, but from some institutions the money comes with strict guidelines and restrictions.  According to the Wall Street Journal, students in the 2007-2008 school year borrowed 10 [...]

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