Shop

A Multinational Monitor investigation exposes the practices of the so-called "predatory lending," targeted to low-income workers. Some major findings are that payday loans' interest can reach up to 2000 percent per year, and that they can be rolled over more than 13 times for a 6-month period. The article examines different anti-usury state laws that ban or restrict predatory lending. The investigative package includes also stories on high-interest mortgages, car title loans and costly rent-to-own scams.

This file is not available for digital download. IRE members may place an order by emailing rescntr@ire.org