Skip to main content

Lending circles, an immigrant tradition, seen as new stepping stone to American dream


“Resettlement experts hope to use lending circles, where default is almost unheard of, to help immigrants and refugees acquire credit scores. That, they hope, will lead to access to the formal financial system and its capitalist tools, like credit cards and bank loans.”

by Robert T. Smith


Leave a Reply

Your email address will not be published. Required fields are marked *

This site uses Akismet to reduce spam. Learn how your comment data is processed.