Access to Credit Among Underserved Americans
November 12, 2012
Hosted by Jordan Goodman
As Vice President of Federal Affairs for Cash America, Kevin Kimble’s main responsibilities are advocating for federal public policy and maintaining strong relationships with members and staff of various branches of the Federal government. Prior to joining the company, Kevin served as the Chief of Staff/Counsel for Congressman Charles Gonzales on Capitol Hill and at a D.C. law firm. We will discuss the following issues today: re. access to credit among underserved Americans and some facts to understand the unmet needs: $454 billion less credit available to consumers since 2007. There are 60 million unbanked or under-banked individuals in the U.S., a number that is growing by almost 3 million every year. Nearly half of Americans cannot access $2K in 30 days to meet an emergency and 1 out of 2 Americans live paycheck to paycheck and Bank overdraft fees cost Americans $31.6 billion in 2011. 821,000 households opted out of the banking system from 2009 to 2011.
The Money Answers Show
Monday at 12 Noon Pacific Time on VoiceAmerica Business Channel
Do you need directions to a solid financial future? If so, The Money Answers Show with Jordan Goodman will provide you with a roadmap to making smart money decisions in every area of your personal finances. Join Jordan every Monday at 12 PM/PST 3 PM/EST for The Money Answers Show, on the VoiceAmerica Business Channel. Learn how and where to get the best deals on mortgages, cars, and insurance; find out the best ways to save for college and retirement, get out of debt, improve your credit rating, and save on your taxes. The Money Answers Show with Jordan Goodman will provide you with great tips on investment opportunities in real estate, stocks, annuities, and other investment vehicles. That’s The Money Answers Show with Jordan Goodman on the VoiceAmerica Business Channel, every Monday at 12 PM/PST.
Jordan Goodman has a mission: to help everyone do better with money. Since graduating the Columbia University School of Journalism in 1977, he has spent the past 32 years combing the country to find the very best ways to help consumers make and save money and then sharing these gems with the public. As a staff writer/reporter at MONEY Magazine for 18 years, a weekly commentator on NBC News at Sunrise and Public Radio’s Marketplace Morning Report, and through his 12, soon to be 13 highly respected books, and his website www.moneyanswers.com, he has provided useful, common-sense information to the public. Some of his better-known books include Fast Profits in Hard Times, Everyone’s Money Book, the Dictionary of Finance and Investment Terms and Master Your Money Type. Jordan is a rare combination: someone who possesses not only encyclopedic knowledge about every area of personal finance but also a passion for helping his listeners not only to get educated but to take action to help their dreams become realities.