Strengthening Consumer Protections for Low-Income Families in Philadelphia

Posted by Mayor's Office of Community and Empowerment on April 10, 2017

April 2017 Roundtable:
Strengthening Consumer Protections for Low-Income Families in Philadelphia

Date: Friday, April 21, 2017
Time: 9:00 am – 11:00 am
Location: United Way of Greater Philadelphia and Southern New Jersey, 1709 Benjamin Franklin Parkway, Philadelphia, PA 19103

The financial services landscape is filled with potential pitfalls for consumers, especially low-income families who may be targeted by predatory lenders or squeezed by exorbitant fee structures that are difficult to understand and disproportionately hurt those least able to pay. On the national stage, the future of the Consumer Financial Protection Bureau – the federal agency formed under the Obama administration to defend consumer rights – is uncertain. What are the current threats facing our consumer protection regulations, what are the implications for low-income families, and what can advocates and concerned members of the public do to ensure strong consumer protections remain in place?

In recognition of financial literacy month, the April Shared Prosperity Roundtable will bring together advocates, policy-makers and service providers to discuss the state of consumer protections for low-income residents in Philadelphia. Participants will learn about the landscape of legal protections, national and local threats to consumer rights, as well as current initiatives advocating against predatory financial products.

This Roundtable will feature presentations from:

  • Lisa Servon, Professor, University of Pennsylvania, Department of City and Regional Planning, and author of The Unbanking of America: How the New Middle Class Survives
  • Kerry Smith, Staff Attorney in the Consumer Unit at Community Legal Services

The Shared Prosperity Roundtable Series is an opportunity for organizations and individuals to come together to deepen our knowledge base, share ideas, and identify opportunities for greater collaboration in support of the Shared Prosperity Plan. The Roundtables typically attract broad audiences of service providers, researchers, philanthropists, advocates and low-income individuals. All are welcome.

Please register through Eventbrite by Wednesday, April 19th. Space is limited.

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