Posts Tagged ‘CFPB’

April 2015 Latinomics: Tax Time!

April 16th, 2015 by admin

Latinomics Cropped

It’s tax time, the perfect occasion to highlight the importance of the Child Tax Credit and the Earned Income Tax Credit to Latino working families. These credits encourage work, keep millions of families out of poverty, and have lifelong benefits for kids and families.

In recent months, NCLR has worked to ensure home care workers were not excluded from minimum wage laws and released a report on the remarkable resilience of Latino youth in the face of adversity. When congressional proposals threatened to weaken crucial gainsmade by the Consumer Financial Protection Bureau (CFPB), our network stood strong in preserving consumer rights.

Thanks for all your support. Read on to see what’s new in Latinomics!

The Power of Refundable Tax Credits

This tax season, those of us expecting a refund probably filed our taxes earlier than the April 15 deadline. Millions of low- and moderate-income workers will qualify for the Earned Income Tax Credit (EITC) and the Child Tax Credit (CTC).

Latinomics Cropped

NCLR began the New Year by releasing a report, co-authored with the National Housing Resource Center, which included findings on how mortgage servicers, the companies that process mortgage payments, continue to ignore crucial homeowner protections.

As 2015 began, we saw improvements to the nation’s economy and highlighted benefits for workers resulting from President Obama’s announcement of executive actions on immigration benefiting millions of families.

From increased funds for affordable housing to slowly falling Latino unemployment, we found much to celebrate.

Thanks for all your support. Read on to see what’s new in Latinomics!

FMLA_LatinoFamily_2015

Whether or not a consumer speaks the English language should not make her rights any less defensible when they are violated.

Consumers with limited English proficiency (LEP) represent a substantial portion of the nation’s growing economy.

Unfortunately, multilingual offerings in the U.S. financial industry are grossly deficient.

Latinos currently represent 16.7 percent of the U.S. population with a purchasing power estimated to reach $1.5 trillion by 2015.

According to the 2010 U.S. Census, by 2015, one in three newborns will be Latino.