Ten years after the Great Recession, the current economic contraction is again hitting Black and Brown communities and lower-wage workers the hardest – many of whom have never recovered. This crisis is worsening long-standing and growing racial and economic inequities at the very moment of national reckoning with the historic need for their redress. Too often, predatory financial services and products prevent families and small businesses from accessing opportunities and instead impede their ability to reduce poverty and close the racial wealth gap. Bold action to curb predatory lending and ensure access to safe, affordable credit will give more Americans access to the American Dream.
