“By some estimates, payday loans topped $28 billion last year, and have doubled every year for the past five years. These numbers are really frightening.”
—Sheila Bair, Chairman,
Federal Deposit Insurance Corporation, April 19, 2007
Dear Friend,
Join us in Washington, D.C. on May 12-13 to help launch a new initiative on Confronting the Debt Culture.
Distinguished leaders and scholars will lead discussions on the following:
- How Can We Increase Savings and Reduce Debt?
- What’s the Solution to Payday Lending?
- What Can We Learn from Other Countries?
- What Are Our Next Steps?
Your $50 registration fee (“Thrifty Fifty”) entitles you to:
Visit www.newthrift.org for more information or download our conference brochure (pdf, 8 pages).
We come together to launch this initiative because we believe that positive social change in this area is both necessary and possible.
Please join us!
Sincerely,
David Blankenhorn, Institute for American Values
Ray Boshara, New America Foundation
Tamara Draut, Demos
James Davison Hunter, Institute for Advanced Studies in Culture
Cliff Rosenthal, National Federation of Community Development Credit Unions
Ruth Wooden, Public Agenda
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