Overwhelmed & Overdue: Addressing Troublesome Debt in Black Communities
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Troublesome debt (e.g. high interest loans, past-due bills, criminal justice debt) can present significant barriers to the financial prosperity of low- and moderate-income (LMI) Black families. Current debt relief services just aren’t working for Black communities stressed by mounting bills and incurred debt. With support from MetLife Foundation, Prosperity Now collaborated with three community- based organizations, along with expert advisors and varied stakeholders, to understand what community members need to address this troublesome debt. Findings from this research are summarized in our latest report, Overdue: Addressing Debt in Black Communities, which will be published in August 2018.
Please join Prosperity Now for our webinar on Thursday, August 16 from 2:30-4:00 pm EDT for research updates and preliminary findings on troublesome debt in LMI Black communities. We’ll discuss insights from community member interviews with leaders from our local nonprofit partners. We’ll also explore knowledge, behavioral and structural barriers complicating debt for LMI Black communities. We’ll share implications and recommendations for practitioners and policymakers at the local, state and federal levels. And we’ll create space for us all to think creatively together about how to address the barriers and gaps in services for LMI Black communities overwhelmed by troublesome debt.
- Pamela Chan, Prosperity Now
- Spectra Myers, Prosperity Now
- Emanuel Nieves, Prosperity Now
- Courtnee Biscardi, Urban League of Broward County
- Althea Saunders-Ranniar, Bon Secours Community Works
- Donna Smith, The Brownsville Partnership