Bank On Louisville welcomes Ignite Louisville Team NewStart!
We're excited to announce that we have been chosen by participants in Leadership Louisville's Ignite program to host Team NewStart: eight young professionals with expertise in fields ranging from business development to finance to marketing to law and more. The team will collaborate with Bank On Louisville leaders and staff to research, develop, and pilot a social marketing plan that will help us reach more unbanked and underserved individuals to engage in financial empowerment work. The team will also focus on delivering shorter-term results in partnership and resource development to aid in Bank On’s growth. Read a full press release here.
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Volunteers needed for 2014 tax season!
Join Louisville Metro Community Services and Revitalization and the Louisville Asset Building Coalition in our efforts to provide free tax preparation to help families keep more of the money they have earned. We are looking for people to serve as volunteer tax preparers and greeters for the VITA program (Volunteer Income Tax Assistance) at the Urban Government Center, 810 Barret Avenue. We need volunteers Mondays or Tuesdays in February 2014 from 8:30 a.m. to 4 p.m. All training is provided. Please click here to learn more and volunteer!
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CFPB taking payday loan complaints
The Consumer Financial Protection Bureau (CFPB) is now accepting complaints from borrowers encountering problems with short-term, small-dollar and often high-interest payday loans. The CFPB has authority to oversee the payday loan market and began its supervision of payday lenders in January 2012. When a consumer submits a complaint, the Bureau requests that companies respond to them within 15 days and describe the steps they have taken or plan to take. The CFPB expects companies to close all but the most complicated complaints within 60 days. Consumers are given a tracking number after submitting a complaint and can check the status of their complaint by logging on to the CFPB website. Learn more about how to submit a complaint here.
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New reports and articles on asset-building
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