Economic security across the life cycle involves both building assets and protecting them. Yet current federal consumer and medical debt protections leave many people – especially women, older adults, people of color, and families with low incomes – with significant financial risks and the potential for financial loss. To help address federal gaps in protecting people’s economic security, some states have established their own safeguards against practices related to consumer (credit cards, student loans, and car loans) and medical debt, with the strength of these policies varying widely.
For funders, state-level efforts offer meaningful opportunities to help preserve economic security across the life cycle. This webinar will outline the landscape of state consumer financial protections and highlight models from Illinois and Texas. These examples show how philanthropy can advance advocacy and systems change that improve protections and support long-term asset preservation.
What funders will learn:
- The current landscape of state laws and regulations governing financial service providers and debt collectors
- The advocacy process and key players involved in enacting this level of systemic change
- A practical framework (checklist) for funders to engage in policy change campaigns
- Insights, hopes, and plans for strengthening future financial protections
Speakers
- Michael Best, National Consumer Law Center
- John Bouman, Legal Action Chicago
- Naomi Stanhaus, RRF Foundation for Aging
- Ann Baddour, Texas Appleseed
Grantmakers In Aging (GIA) is proud to co-sponsor this event
with Asset Funders Network.
Image
|
