It’s time to stop the ‘scamification’ of Hoosiers

A panel meets at a Consumer Financial Protection Bureau symposium. As President Donald Trump seeks to weaken or eliminate the federal consumer watchdog agency, some states are considering how they can beef up their own protections against unfair business practices. (Bryce Spivey/Consumer Financial Protection Bureau via Flickr)

With basic costs continuing to outpace Hoosiers’ take-home pay, now is the time for Indiana policymakers to protect consumers and put a stop to the ‘scamification’ of Hoosiers.

The worrying trend is clear: Homeownership is declining in Indiana, especially among Black Hoosiers and low-income families, making inter-generational wealth-building harder than ever. Indiana now has the lowest renter household income in the Midwest and one of the highest rates of severe cost burden for vulnerable renters. And more than 4 in 10 Hoosiers have reported difficulty paying for usual household expenses…

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