When money gets tight, what’s your next move? For too many families, an unexpected car repair, medical bill, or home expense can quickly become a financial crisis. Studies show that only about 40 percent of Black households have enough cash on hand to cover a $1,000 emergency. That financial pressure has led many to turn to high-cost payday loans. But is there a better way? We examine the risks of predatory lending and explore a growing alternative called earned wage access.

Guests:

Dr. Curtis Kidd Telemaque – Executive Director, HPS Center For Financial Excellence, The Howard University School Of Business

Dr. Cheryl Evans, Associate Director, HPS Center For Financial Excellence, The Howard University School Of Business

Marcus Goode, Senior Director Of Development, The Howard University School Of Business