DISQUS

YBPGuide: Banking While Black

  • Latimer Williams · 2 years ago
    Great job by Robert Johnson on creating a new avenue for African-Americans to build wealth and bank with their own. Mr. Johnson is the consumate businessman and is always looking for avenues to uplift his people as well as create a profitable business.
  • Martin Lindsey · 2 years ago
    Great post Kimberly. Glad to see Bob leveraging his funds for something beneficial to the populace.

    And about those check cashing/payday loan shark shops! I try to keep the language clean but Single Ma did a post on those places yesterday or day before. She calls them FMLs. I'll just leave you to guessing on that one. It'll crack you up when you figure it out.
  • OHSucker · 2 years ago
    Thanks for posting this! It's very encouraging to see that we're still committed to making strides in the world of finance in this day and age.
  • paydayloanadvocate · 1 year ago
    On Wednesday, October 14, 2008, the third and final U.S. Presidential Debate took place in Hempstead, New York. According to an average of national polls collected by CNN, Senator Barack Obama went into the debate as the majority’s favorite with an eight-point lead. Sen. John McCain of Arizona attempted to shred the young Illinois Senator’s policies, judgment and character. When Sen. Obama responded with a more critical stance regarding the economic policies of the past eight years, McCain was quick to point out that he was “not President Bush” and intends to enact an “across the board spending freeze,” take a hatchet to unnecessary programs and use a scalpel on the remaining once the dust settled. On the other hand, Obama offered a more conservative sound to the American people, stating he would “go through the federal budget page by page, line by line” in order to close programs that aren’t working as they should. Both presidential candidates proclaim to bring a better change to a broken America and a solution to our economy. However, would they leave or take consumers’ ability to access payday loans where and when it’s necessary? The answer is still uncovered. Although we believe to be living in “the land of the free,” interest groups, such as banks and credit unions, have a different opinion on our freedom to choose.

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  • Lisa P · 12 months ago
    My friends, my countrymen, Americans, hear me out. I hope you all thought long and hard about whom to cast your vote for on Election Day. I’d sure you think everyone did, but I’m not so sure anymore. Most people think harder about whether or not they have to take out a payday advance. Case in point is this audio excerpt from the “Howard Stern Show,” reposted by BPM DJ’s in Pittsburgh, PA. Roving Reporter Sal went out to gather man-on-the-street interviews to see how many people supported Obama or McCain. The underlying motive was to see if they supported Obama it’s simply because he is black? The comedia magnae is that his polling point was Harlem, NYC. His trick is even more telling – he reverses the candidates’ positions, so that it would seem that Obama’s policies were actually Mc Cain’s, and McCain’s Obama’s. The people he spoke to preferred the actual platform of John McCain, and the policies that he attributed to McCain (which are actually Obama’s) were the ones nobody wanted anything to do with. I hope you all thought long and hard before voting. I sincerely hope, my fellow Americans that you did not just jump on the bandwagon.
    http://personalmoneystore.com/moneyblog/2008/11... Loans
  • loan modification · 9 months ago
    Hopefully these banks will grow and dedicate their mission to wrapping their arms around minority communities. .. yes, let's hope for this. More power.