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Stop Predatory Lending on Native American Lands! - The Petition Site


US Politics & Gov't  (tags: government, legislation, predatory credits, dishonesty, economy, abuse )

Jelica
- 117 days ago - thepetitionsite.com
Low income people - which includes the vast majority of Native Americans who lack collateral, have poor credit and live paycheck to paycheck - are often easy prey to predatory lenders offering payday loans and tax refund anticipation loans (RALs). These p
Comments

Jelica R. (85)
Thursday August 27, 2009, 2:41 am
Deadline: Ongoing...
Goal: 5,000, 1,517 signatures!

Target: U.S. Congress
Sponsored by: First Nations Development Institute

As our country begins to respond to the economic crisis, good people are making their best effort to pay their bills, maintain good credit and own their homes but because they live in Native American communities that are struggling economically, they are targets for unscrupulous lenders - "predatory" lenders.

Low income people - which includes the vast majority of Native Americans who lack collateral, have poor credit and live paycheck to paycheck - are often easy prey to predatory lenders offering payday loans and tax refund anticipation loans (RALs). These practices are generating literally billions of dollars for lenders and tax preparers - dollars that could be better used by the families toward their economic security.

Such financial practices can lead to perpetuating cycles that dramatically decrease living standards and put unimaginable stresses on families. Ask your legislators to support tighter federal regulation of "predatory" lenders who unfairly target Native American communities!
 

Mary Neal (186)
Thursday August 27, 2009, 3:00 am
Thanks for your article. I read that the gap between the rich and poor is wider than it has been since the 1920's. This week marks the 46th anniversary of the Poor People's March on Washington by Dr. Martin Luther King and 250,000 others during which he made his "I have a dream" speech. Surprisingly, the income gap is greater now than in 1963 when the demonstrators met at the grounds under the Washington Memorial and protested racism and economic disparity.

HOW DID YOU GET TO POST THIS NEWS? I thought Care2 News Network was having a DoS Virus. I have been trying to post another story regarding human rights and tried twice at AIMI, finally it posted, twice at AI, finally it posted, and twice at Care2 News - no posting yet! It concerns Frank Horton, the mentally ill Nashville man who was kept naked in solitary confinement for 9 mo. until a prison guard saved him. He sued and the verdict is in now.

Poor people are doubly disadvantaged when they are also disabled, particularly by mental illness.

Thank you for this news and petition.
 

Jelica R. (85)
Thursday August 27, 2009, 12:01 pm
@Mary Neal
about rich
In the United States, the richest country in the world,
10 % of the population owns 71 % of the wealth,
and the top 1 % controls 38 % of the wealth

What's even more alarming are the global statistics:
2 % of the global population controls more than 50 % of all the world's wealth . . .
and the richest 10 % actually control 85 % of the world's wealth!

How did I submit this?
Tried 3 times, My web browser was 2 times closed by my antivirus.
They are in constant dispute these days!
 

Cynthia Davis (248)
Thursday August 27, 2009, 9:25 pm
Signed
 

Dee C. (528)
Thursday August 27, 2009, 10:49 pm
Signed & noted..
Thank you Jelica
 

Chaz Gaily Berlusconi (268)
Friday August 28, 2009, 8:29 am
It is the usual story the rich always preying on the poor and taking advantage of them, much like the lion who attacks the small deer...
 

Tom M. (801)
Saturday August 29, 2009, 5:45 pm
Signed, Thanks Jelica!
 

Rosemary Happy Holidays All (291)
Thursday September 3, 2009, 9:21 pm
# 2,983 signed sealed & forwarded to friends thank you Jelica for this opportunity to help > posted on my Twitter page > http://twitter.com/home
 
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