Home » Topics » payday lenders
Law designed to block predatory payday lending to vets too easy to circumvent
By Paul Kiel, ProPublica, and Mitchell Hartman, Marketplace This story was co-produced with Marketplace. Listen to their coverage. Seven years after Congress banned payday-loan companies from charging exorbitant interest rates to service members, many of the nation’s military bases are surrounded by storefront lenders who charge high annual percentage rates,…
They Used To Call It The Vig
There are certainly worse influences in poor communities than payday lenders, but those influences tend be involve acts of God and/or organized street gangs. Barring that, there’s little you could plan better than effectively removing banks and making the only instruments of financial planning one of the half-dozen check cashing…
Brand new on Raw Story
- WATCH LIVE: Huge tornado rips through Oklahoma
- Oregon senator vows to repeal the ‘Monsanto Protection Act’
- Luke Skywalker’s pants to be put up for auction on Tuesday
- New Yorkers protest fatal shooting of gay man
- Small Alaskan village loses court battle against big oil
- Hong Kong pledges to reduce waste by 40 percent per person
- Chelsea Flower Show relaxes ban on garden gnomes
- WHO: ‘No one can predict’ course of China’s new bird flu outbreak
- Karl Rove: Prosecute ‘people who break their oath’ by leaking secrets
- Philly police bust libertarian activist Adam Kokesh during ‘smoke down’ pot rally
Commentary
An open letter to the Center for Inquiry
By Amanda Marcotte
Stop whining about Millennials
By Pando Daily
Six ways the GOP could screw up the Obama administration’s scandals
By Ana Marie Cox, The Guardian
Raw Exclusives
Featured Video
Follow Us!
