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Financial Institutions and Services
Part 5: Financial Services in Lower Income and Minority Communities

Read: Financial Services in Distressed Communities: Framing the Issues, Finding Solutions
James Carr et al, Fannie Mae Foundation, July 2001- pp. 5-20

Optional Reading: Predatory Lending: An Overview
James Carr et al, Fannie Mae Foundation, July 2001- pp. 31-48

What is meant by alternative financial services? Who is most likely to use them? How can communities help these consumers participate in main-stream financial services?

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