Groups to banks: Fix your mess

Fixing Banking Mess


Photographer: WCPO

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Posted: 11/18/2010

CINCINNATI - Two local community groups, Communities United for Action and Citizens Against Loan Sharks announced, in front of a foreclosed home in Kennedy Heights, that they are starting a campaign in order to tell banks to fix their mess.

The groups said that there are over 200 community groups around the country united in their call. They said they are fed up with rising foreclosures, the funding of payday lenders and lack of loans for neighborhoods, which they said, are costing millions of jobs and millions of homes.

They plan to implement a grading system, which will be a way for them to showcase which banks are doing well and which banks are not, according to them.
 

Copyright 2010 The E.W. Scripps Co. All rights reserved. This material may not be published, broadcast, rewritten, or redistributed.

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