Today on “NewsOne Now,”  Roland Martin got real about finances with “Washington Post” financial columnist, Michelle Singletary. They talked about economic slavery and freedom. “Debt makes…

The Mall at Stonecrest is in serious debut and may be facing foreclosure. The AJC is reporting that the $98.7 million loan for the Lithonia mall was directed this week to a firm that helps work out troubled debt. Gwinnett Place Mall also went through foreclosure last year, and Union Station Mall in south Fulton […]

Debt is killing us! According to, “The average American family carries $8,000 to $10,000 in credit card debt,” (April 16, 2009).  One out of…

President Barack Obama announced in his weekly radio and Internet address Saturday that he plans to unveil how America will pay back its debt with his $447 million jobs bill. “It is a jobs bill that does two simple things: put more people back to work and more money back into the pockets of people […]

The Cascade United Methodist Church of Atlanta recently gave struggling Morris Brown College a lifeline, when they donated $22,000 to the historically black institution. The money, which was raised during a month-long fundraising effort, helped the school eliminate its hefty debt to the U.S. Department of Education. Rev. Dr. Marvin Moss said they couldn’t let […]

From NPR Payday lending operations have grown rapidly in the United States since the early 1990s. At the industry’s peak a few years ago, there were more payday lenders in the United States than McDonald’s and Burger King stores — combined. “The payday lender is kind of the emergency banker for the working poor,” explains […]

From the AFP: WASHINGTON — The World Bank said Friday it had cancelled Haiti’s remaining debt to help the impoverished country recover from a devastating earthquake four months ago. Haiti, the poorest country in the Western Hemisphere, will not have to repay 36 million dollars owed to the International Development Association (IDA), the bank’s fund […]