A one hour television program to be taped during Financial Literacy Month in Minnesota examines how predatory home lending, payday loans, credit discrimination and other practices take unfair advantage of people who are financially struggling.
Host Al McFarlane, editor in chief of Insight News, explores these issues with a panel of experts as part of his ongoing Conversations with Al McFarlane public policy television series. Panelists for this program on "Borrowing Trouble" include:
Kevin Lindsey, Commissioner, Minnesota Department of Human Rights
Mike Rothman, Commissioner, Minnesota Department of Commerce
Ron Elwood, Supervising Attorney, Legal Services Advocacy Project, Mid-Minnesota Legal Aid.
Scott Gray, President, Minneapolis Urban League
The program will examine the consequences of predatory financial practices for individuals and communities. Communities of color have been disproportionately impacted by the housing crisis and predatory loans. Panelists will focus on what is being done, and what more needs to be done, to address practices that target those who are financially vulnerable.
The program will be taped on Tuesday, April 30 from 1:30-2:30 PM at the Minneapolis Urban League, 2100 Plymouth, Minneapolis, MN, 55411. The event is open to the public. The program will air on Saint Paul Neighborhood Network (SPNN) and will also be available on the web. Airdates and program availability will be announced soon on the Department of Human Rights web site at mn.gov/mdhr.