Recent News
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Monday, Jul 27, 2020Posted in: Press Release
Wells Fargo awards RCAC $20,000 to assist Northern California small businesses
West Sacramento, Calif. — Rural Community Assistance Corporation (RCAC) was awarded $20,000 for RCAC’s Re-emerging Loan Fund (RELieF) to assist existing Loan Fund borrowers to restart or enhance continued viability of their business or organization.
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Thursday, Jul 23, 2020Posted in: Featured News, Native communities
Tribes face barriers to access COVID-19 data
Native American Tribes who seek data analytics on the COVID-19 spread have repeatedly seen their requests denied by the Center for Disease Control (CDC). Other states have free access to the same data.
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Monday, Jul 20, 2020Posted in: Economic issues, Featured News, Louis Martin
New Consumer Financial Protection Bureau rule rolls back borrower protections
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.
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