Latino Credit Card Use: Debt Trap or Ticket to Prosperity?

Author:	Beatriz Ibarra and Eric Rodriguez
Contact:	Beatriz Ibarra
Date:	Feb 15, 2007
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Related
Topic:	Community and Family Wealth-Building
Policies:	Latino Credit Card Use, Protecting Assets and Wealth

Summary

This report by the National Council of La Raza found that unfair and abusive credit card policies and practices trap Latinos in a cycle of debt. Latino Credit Card Use: Debt Trap or Ticket to Prosperity?, which examines practices in the credit card industry, also shows that Latinos need greater access to affordable credit.