Yes, Bill Collectors May Be Following You on Facebook, Twitter and Everything Else

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Banks Set to Start Increasing Fees Substantially

It looks like banks are going to be increasing your fees soon.  Buyer beware.

Regal Black Women from Around the World

 

 

 

 

Click here to read about these women and others on Black Enterprise

Black Americans Not Getting Good Financial Advice

 

by TEWire
Special to the Trice Edney News Wire from the Afro American Newspapers
Originally posted 4/27/2011

Only two out of every 10 African-Americans are on a path to achieve their retirement goals, according to a six-month-old survey of Blacks conducted by a major wealth manager.

 

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Should You Need a License to Braid Hair? A Woman Files a Lawsuit Over the Issue

 

by Dr. Boyce Watkins, Your Black World – Scholarship in Action 

Jestina Clayton is a woman in Utah who is originally from Sierra Leone in West Africa.  She does African braiding part-time in order to make extra money.  She is now being confronted with the loss of significant income, since a law in the state of Utah claims that you must have a full cosmetology license in order to braid hair.

Clayton filed suit this week in the court of law.  She is being backed by the Institute for Justice, a Virginia-based organization that helps people like Clayton challenge unjust laws.

A Black Prof Discusses Racial Bias in Financial Decisions

Your Black World reports

Have you ever tried to get a loan, and felt that you weren’t being treated the same as if you were white?  What about watching that promotion at work being given to the white guy down the hall when you were the one slaving night and day for 20 years?  Well, this feeling is not uncommon.  A recent survey at YourBlackWorld.com showed that nearly 90% of African Americans feel that they’ve experienced some kind of discrimination in the workplace.  In spite of our having a black president and attorney general, new laws have not been introduced to help people of color fight discrimination in the workplace.

Another prominent type of discrimination is the racial bias in other kinds of financial decisions.  Millions of black people were victims of predatory lending during the recent financial crisis, leading to a massive decline in black family wealth over the last decade.  Additionally, the ability to build a business, get government contracts or do other things to create financial security for your family can be impacted by the color of your skin.  Prof. Stephanie Yates Rauterkus at The University of Alabama Birmingham speaks on the topic in the video below.

Click here to watch the video

To join the Your Black World Coalition, please visit YourBlackWorld.com.

Tonya McDowell in ColorLines magazine

From Colorlines Magazine

A homeless Connecticut mother has been arrested and charged with larceny for allegedly stealing her son’s education from a public school police say he had no right to attend. Tanya McDowell is a 33-year-old Bridgeport resident who used her babysitter’s address in Norwalk, where the schools were better, so her five-year-old son Andres Justin Paches could go to school. A.J. was enrolled in Brookside Elementary School’s kindergarten from September to January. They’ve been living out of her van.