In June 2007, whenever numerous states had been considering bans on payday lending, CFSA established the вЂњYouth Learn & SaveвЂќ program, which supplies senior high school and university children with economic literacy rallies and summits. The programs make use of modified curriculum developed by the Federal Deposit Insurance Corporation (FDIC) and also include a workbook that features a description of the predatory payday loan. Presumably the instructorsвЂ”payday financial institution workers and owners themselvesвЂ”can provide an original viewpoint on that specific topic. a brochure for just one seminar held in January this present year at a big part black colored senior school in Texas states, вЂњSharing Dr. KingвЂ™s Dream through Financial Literacy.вЂќ In June, the nationwide Baptist Congress of Christian Education, the biggest and earliest black colored spiritual convention when you look at the country, hosted one of several activities.
CFSA established the literacy that is financial final autumn at Jackson State University in Mississippi, together with the National Conference of Ebony Mayors, that also got cash to invest in university scholarships. Dora Muhammad, a representative when it comes to NCBM, claims that the combined team not any longer works together CFSA. (more…)