Debt in America: Combatting Predatory Practices and Keeping Assets in our Communities

Dwight C. James – S.C. NAACP Executive Director

The NAACP is building public awareness of an initiative to enlighten individuals and families in our communities to the harm that predatory lending practices in South Carolina are doing to our economic health and general welfare. The SC State Conference, NAACP, SC Appleseed Legal Justice Center and the SC Christian Action Council have partnered to develop policy interventions that will help lower individual family debt burdens that prevent their ability to develop assets.  A public Town Hall Meeting coming to the Charleston area soon will allow the aforementioned groups to engage the community in discussions about the growing need for access to responsible lending products. Please join them on Monday, May 21, 2018 at the following Lowcountry location:

Saint Paul AME Church

Monday, May 21, 2018

7:00 PM – 8:30 PM

6925 Rivers Avenue

North Charleston, SC

During the Town Hall meeting, they will outline the problems of high cost lending while documenting the specific impact on our economic health. The NAACP and its partners are also committed to working with community and financial leaders to develop programs that will allow families to have access to more reasonable lending options that will allow them to build assets and create wealth. They welcome others who are concerned about the stripping of wealth from borrowers.

How You Can Help?

Help by getting the word out. Tell your friends, family or parishioners about the event. Email [email protected] to request electronic flyers you may use freely to inform friends about the Town Hall. You could even publish flyers in your church bulletin, neighborhood paper or website. Also, make a personal commitment to participate in the Town Hall on Monday, May 21, 2018 – and afterwards, help build leadership in your community around these vital issues.

Together, the community can pursue meaningful policy changes, as well as lending alternatives to stop the debt cycle that entraps many of our neighbors.

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