This article covers the topic of predatory lending and poses the quesition "Will Obama's new Consumer Financial Protection Bureau succeed in taming it?"
Jennifer Tescher, President & CEO, comments that building trust with the customer is the key to financial providers moving forward in the underserved market. Financial services should provide stability and structure for consumers. A place to store their money, a way to make payments and an accessible way to save are what American consumers need first and foremost.
See the full article here on Washington Monthly.