Staff / TruthdigDec 14, 2013
High-cost lenders -- the makers of payday, auto-title and installment loans -- exploit laws tipped in their favor to sue tens of thousands of Americans every year. The shocking result? A $1,000 loan grows to $40,000. Dig deeper ( 14 Min. Read )
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Staff / TruthdigSep 7, 2013
Just because JPMorgan Chase will no longer offer student loans doesn’t mean the student debt bubble will burst any time soon, if ever. We have none other than the U.S. government to thank for that. Dig deeper ( 2 Min. Read )
By Paul Kiel, ProPublicaAug 6, 2013
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. Dig deeper ( 7 Min. Read )
Christopher Weyant, Cagle Cartoons, The HillJul 12, 2013Dig deeper
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