How did Brooklyn resident Kenneth Lovell, a retired janitor living on a fixed-income and with no credit history, find himself thousands of dollars in debt? It’s a refrain we’ve heard before on our NYC Financial Justice Hotline: Wall Street banks working in cahoots with retail stores, doctors’ offices, and others to exploit low-income New Yorkers. These outfits are in the business of tricking people of color, immigrants, women, and seniors into opening credit cards they never asked for and can’t afford — putting them into debt and causing them major financial distress.
for more information:
Hosted by Juleon Robinson | Interview by Nick Loh | Produced by Sarah Ludwig & Juleon Robinson | Graphic by Ben Hagen