Rural communities struggle to access physical bank branches and often resort to predatory lenders and other nonbank entities for credit, . . .
West Sacramento, Calif. — A $50,000 American Express grant will support economic development through Rural Community Assistance Corporation’s (RCAC) Building Rural Economies (BRE) training in Rio Arriba County, New Mexico and Grant County, Utah.
After hitting urban areas particularly hard in the spring, COVID-19 seems to be making its long-feared arrival into rural America. Outbreaks in California’s Central Valley are being closely monitored by government officials as high up as the White House Coronavirus task force.
As schools across the nation grapple with the prospect of resuming classes amid the COVID-19 pandemic, some school districts in rural Oregon hope to leverage their modest size to conduct largely in-person classes.
Under a new Consumer Financial Protection Bureau (CFBP) rule, payday lenders can make loans to borrowers without determining whether they can afford to pay them back. Payday loans can carry interest rates up to 400 percent.