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The “system” Williams is talking about is the payday lending industry, providers of short-term, small-dollar loans with annualized percentage interest rates that can exceed 400 percent.
Sponsor Message Rivlin goes behind the scenes of the payday lending industry in his new book Broke, USA, which examines the $33 billion-a-year "poverty industry." Rivlin, who attended an annual ...
Broke, USA illustrates why some alternative ... a national pawn and payday lending chain. Rivlin quotes Feehan as saying "The theory in the business…is you've got to get that customer, work ...
Payday loans offer almost instant cash and are popular with 18-24 year-olds. Over a million Brits are already planning to use them to pay for Christmas. But with the industry under scrutiny like ...
A BBC documentary has uncovered the truth behind the controversial lending companies known as payday loans and what ... Young, British and Broke is on BBC3 at 9pm tonight (Tuesday).
But such lending is happening. And it is gaining popularity. India has been introduced to the concept of payday loans in recent years. These are ultra short-term, unsecured and (very) high ...