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ProPublica logo. The 182 % Loan: How Installment Lenders Put Borrowers in a full world of Hurt

ProPublica logo. The 182 % Loan: How Installment Lenders Put Borrowers in a full world of Hurt

The 182 loan that is percent How Installment Lenders place Borrowers in a full world of Hurt

Lots of people understand the perils of pay day loans. But “installment loans” also provide sky-high rates and work through getting borrowers — usually poor — to renew over repeatedly. We just just simply take you inside one of many biggest installment loan providers, billion-dollar World Finance.

Series: Debt Inc.

Lending and Collecting in the us

1 day later just last year, Katrina Sutton endured at a gasoline pump outside Atlanta and swiped her debit card. Continue reading ‘ProPublica logo. The 182 % Loan: How Installment Lenders Put Borrowers in a full world of Hurt’ »