November 6, 2019 at 8:30 AM - PayDay Lending Program - Panel Discussion
On November 6, 2019 at 8AM at the Jewish Federation Building, Jews United for Justice, The National Council of Jewish Women and the Jewish Community Relations Council will be sponsoring a breakfast panel discussion on Pay Day Lending entitled: “Pay Day Lending: Sins and Solutions.” Our work was initiated to address one of the concerns cited in the Ferguson Commission Report.
As you probably know, Pay Day Lending is a serious problem and is very injurious to individual borrowers who pay very high interest rates, as well as it is harmful to the community as a whole. Our purpose is to educate and to help reach our goal to reduce pay day lending and its impact in perpetuating economic inequality.
The speakers will address some of the problems and possible solutions and alternatives. Each will speak for about 6 minutes and that will allow some time for questions at the end.
Tishaura Jones, Treasurer, City of St Louis: Framing the problem of Pay Day Lending
Jill Schupp: Member of the Missouri Senate from the 24th District: Progress in Capping the Interest Rate
Cara Spencer: Executive Director of the Consumers Council, and St Louis Alderperson from Ward 20: Municipal Regulations
Paul Woodruff: Executive Director of Red Dough, part of Prosperity Connection: A lending Alternative and Financial Education and Financial Counseling
Susan Roth: Chairperson of Task Force on Opportunity to Thrive: Alternatives to Pay Day Lending
Reservation details: TBA. Check back!