Michelle Singletary: How Do Lending Companies Prey on Black People?

by / August 29, 2014 video 45 Comments

Michelle Singletary is a nationally syndicated, award winning columnist for The Washington Post.  She graduated from the University of Maryland at College Park and Johns Hopkins University and has a Master’s degree in business and management.  Her column, entitled “The Color of Money,” runs in over 100 newspapers and focuses on personal finance issues and advice.  The column has won multiple awards, including being nominated for a Pulitzer, receiving an award from the Society of American Business Editors and being named Best in Business.

Singletary has also written three books that have been published by Zondervan and Random House.  They are “Spend well, Live Rich: How to Live Well With the Money You Have,” “Your Money and Your Man: How You and Prince Charming Can Spend Well and Live Rich,” and “The Power to Prosper: 21 Days to Financial Freedom.”  Her book “Your Money and Your Man” was a 2006 finalist for “Books for a Better Life,” with judges calling her writing, “both approachable and explanatory.”

Singletary’s writing also appears in O Magazine.  She has also assisted with Oprah’s “Make Me a Ten!” makeover series by helping a single mother who lost her job get her finances in order and take significant steps towards financial freedom.As a commentator, Singletary has appeared on all three major television networks as well as CNN and PBS.  She has hosted her own show, “Singletary Says,” and has also appeared in a personal finance special that aired in 2008 on TV One entitled “Real Estate Realities: When the Boom Goes Bust.”  She currently appears on the ABC daytime talk show “The Revolution,” where she provides a weekly segment that highlights some of her tips for managing finances.

In this video, Singletary joins Roland Martin on the set of Washington Watch to discuss predatory lending practices being conducted by mortgage and auto loan companies against African-Americans.

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