Can an innovative new Community Reinvestment Act end Memphians from making use of pay day loan stores?|Weathersbee
In one single respect, Memphis has made strides in assisting individuals find their method to the economic main-stream.
A year ago, the city teamed up with process aspire to teach its employees on how best to handle their cash and credit, as well as on things such as simple tips to policy for your your retirement.
Situated in Atlanta, procedure HOPE is a business that, among other activities, assists finance institutions find techniques to provide communities that find it difficult to obtain access to money, and folks whom either don’t find out about or can’t manage their services.
A lot of Memphis’ town employees have taken benefit of this program, called HOPE in the Workplace – and Mayor Jim Strickland’s determination in developing it received him effusive praise from process HOPE’s creator, John Hope Bryant.
“He stated he wished to establish a HOPE in the Workplace for the sanitation workers,” Bryant stated of Strickland. Read more
