Tag: National Community Reinvestment Coalition

Webinar November 10 at 1 EST Generational Wealth: Credit Barriers for People with a Criminal History Tune on Thursday Nov. 10 at 1 EST for a webinar hosted by the National Community Reinvestment Coalition on barriers to credit for small business owners with a criminal record.  Panelists, including CCRC’s Margaret Love, will describe the many formal and informal restrictions on access to credit that make it difficult for an entrepreneur with a criminal record to build a business, including those imposed by the U.S. Small Business Administration on access to federally-guaranteed bank loans. These are issues that CCRC has been exploring since the early days of the pandemic when the SBA’s restrictions on the Paycheck Protection Program came to light. Panelists: Margaret Love, Executive Director, Collateral Consequences Resource Center Lettisha Boyd, Owner and Principal Consultant, Beyond Savvy Consumers Bonnie Crockett, Director of Small Business Lending at Baltimore Community Lending Inc. Susan Grutza, Policy Counsel of the Office of Fair Lending & Equal Opportunity, Consumer Financial Protection Bureau Register for the webinar here: https://www.eventbrite.com/e/generational-wealth-credit-barriers-for-people-with-a-criminal-history-tickets-453347894757 The NCRC’s announcement is here: Nearly 1 in 3 Americans have a criminal record. Each year over 600,000 Americans are released from state or federal prisons and […]

Read more