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October 13, 2015
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The Fan Who Knew Too Much

The Fan Who Knew Too Much

Anthony Heilbut

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Tag: Payday Lenders

John Oliver on Why You Should Resort to ‘Anything Else’ Before Taking Out a Payday Loan

Payday loan providers have been around for 20 years or so, and in that time their growth rate has been exponential for one reason alone: The services they provide are a huge, undeniable, legal scam. Watch John Oliver and comedian Sarah Silverman explain why you need to avoid them at all costs.

Posted on Aug 12, 2014 READ MORE

Payday Lenders

Posted on Apr 20, 2014 READ MORE

Warren’s Post Office Proposal: Palast Aims at the Wrong Target

Investigative reporter Greg Palast is usually pretty good at peering behind the rhetoric and seeing what is really going on. But in tearing into Sen. Elizabeth Warren’s support of postal financial services, he has done a serious disservice to the underdogs—both the underbanked and the U.S. Postal Service itself.

Posted on Mar 13, 2014 READ MORE

pixelcatcher (CC BY-NC-SA 2.0)

Elizabeth Warren Wants to Save the Post Office by Having It Replace Payday Lenders

Sen. Elizabeth Warren endorsed a proposal by the United States Postal Service’s inspector general over the weekend that could prevent the poor from having to shell out billions of dollars in fees and maybe even save the post office from sinking.

Posted on Feb 4, 2014 READ MORE

Payday Lenders’ Protection

Posted on Jan 5, 2014 READ MORE

Payday Lenders

Payday lenders are snakes that tempt and consume their victims.
Posted on Dec 20, 2013 READ MORE

Flickr/Thomas Hawk

How Payday Lenders Bounce Back When States Crack Down

In 2008, payday lenders suffered a major defeat when the Ohio legislature banned high-cost loans. That same year, they lost again when they dumped more than $20 million into an effort to roll back the law: The public voted against it by nearly two-to-one. But five years later, hundreds of payday loan stores still operate in Ohio, charging annual rates that can approach 700 percent.

Posted on Aug 6, 2013 READ MORE

Flickr/Thomas Hawk

Big Banks Have Found Another Way to Rip You Off

Meet the major banks’ newest partner: payday lenders, the owners of those check cashing stores that offer short-term loans with interest rates that sometimes exceed 500 percent.

Posted on Feb 24, 2013 READ MORE

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