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How saving $40 a month can protect from poverty and predatory lenders

Monday, August 12, 2013

Now, a new organization, the Minnesota Asset Building Coalition, aims to boost the savings momentum across the state. The coalition is funded by the Otto Bremer Foundation and the Northwest Area Foundation. It also gets office space and other support from the Legal Services Advocacy Project. Its leadership committee includes representatives of many prominent Minnesota non-profits. (Note: MinnPost’s Lending Trap series is supported by a grant from the Northwest Area Foundation, but the Foundation had nothing to do with the inception and execution of this article.)

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