Predatory loans can set-off a debt spiral and can lead to overdraft fees, loss of a bank account,...Read more
Webinar: Creating Safe, Profitable Small Dollar Loans
Individuals need access to safe small dollar loans to assist them during periods of financial crisis without causing even greater hardship. Our Alternative Small Dollar Loan Toolkit aims to help banks and credit unions develop a sustainable product that meets the needs of community members. IABG, Sargent Shriver National Center on Poverty Law, & the Chicago Appleseed Fund for Justice hosted a web seminar discussing the benefits for banks and credit unions offering this product, and introduced a tool that will help financial institutions create a sustainable product.
- Casandra Slade – Vice President-Community Development, Wintrust Financial
- Katy Welter – Law & Policy Analyst, Chicago Appleseed Fund for Justice
- Ethan Brown – Program Associate, IABG & Heartland Alliance