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Monday, January 21, 2008

What Would MLK Say About Predatory Lending

I have a friend named Gil. Gil is a Consumer Attorney and advocate for civil rights. One day back in 1995, Gill and I were transferring some old MLK tapes from a reel-to-reel recorder to compact disc. Listening to those tapes of Dr. Kings Speeches, I learned some moral values that have stuck with me to this day.

Today, I'll share some of those thoughts as the pertain Predatory Lending Practices.

MLK said, "Our lives begin to end the day we become silent about things that matter."

Most people who are in debt sit in silent shame about it. As a country, we've taken on the notion that being tricked by a lender makes us appear stupid. Many of us think that we have to just deal with the consequences of a shady deal or the abuse of a creditor. The truth is that we don't have to sit in silence.

What To Do? Contact a Consumer Rights Attorney in your State and explain your side of the story.

Your creditor may be in violation of your rights. You have the right to non-violent protest through the court system. Many Federal Laws provide actions that you can take to fight back and stop creditor abuse. For a list of Consumer Attorneys in your state log onto NACA.net.

Dr. King had a lot to say about fair lending and treatment of customers. I've dedicated this entire week to the teachings of Dr. King as it relates to economic issues.

Tomorrow's Topic: "Is it True? Is it fair? Is it necessary?"

What do you think? Speak out! Send us your comments, or questions. Send Link Trade and Media inquires to: Jford@debtwarriors.com.

Wishing you Financial Security!
We are Debt Warriors!

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