By Tracy Leary, Community Reinvestment Organizer, NTIC
At this year’s National Neighborhoods Conference, CitFinancial and NPA announced the second phase of their partnership: the Financial Education Program.
Two years ago NPA went after Citigroup because they had recently purchased the worst predatory lender in the country, the Associates. The goal was to change the way Citigroup did business. If the biggest bank could change their ways, then so could the entire banking industry!
In May 2003, NPA and CitiFinanical signed a landmark agreement to stop their loan shark lending practices ... continue reading here
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