Regulate predatory financial services
Low-income workers are often unable to take advantage of basic financial mechanisms like savings and credit - mechanisms necessary to create financial stability and build assets. Predatory practices occur predominantly in the subprime market, taking advantage of the lack of financial products available to those with poor credit histories. Strategies to reduce predatory financial practices include limiting the number of licenses for payday lenders and check cashers, regulating the interest charged by financial service providers, regulating fees charged for remittances, regulating loan repayment deadlines, and banning or limiting other predatory lending practices.

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