In May of 2021, a new pilot program was announced as a collaboration between a dozen banks and credit card issuers. The clear goal of the pilot is to create more accessibility in lending and credit, specifically for communities that have historically been disadvantaged. But, while some people are in full support of the new idea, others are speaking out against it. Find out the details and more in this week's FinCap Friday below:

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About the Author

Yanely Espinal

Born and raised by Dominican, immigrant parents in Brooklyn, Yanely is a proud product of NYC public schools. She graduated from Fiorello H. LaGuardia High School in 2007 before going on to receive her bachelor's degree at Brown University in 2011. As a Teach For America corps member, Yanely taught third and fourth grade in Canarsie, Brooklyn. She received her master's degree from Relay Graduate School of Education in 2013. She spends her spare time making YouTube videos about personal finance on her channel, MissBeHelpful. Yanely also loves to dance, sew, paint, listen to podcasts, and babysit her 10 nieces and nephews!