Beyond Payday Loans - Editors Picks
About this collection
A near billion dollar company, World Finance is the largest of an often-overlooked breed of high-cost lender: installment lenders. Ranging from a few hundred to a few thousand dollars, the loans typically last anywhere from six months to three years. The industry boasts millions of customers and over 4,000 locations across at least 19 states, mostly in the south and Midwest, and touts the product as a consumer-friendly alternative to payday loans. World and its competitors gouge borrowers with unnecessary insurance products and persuade their customers to renew their loans over and over again, creating a cycle of debt that often grinds on for years.
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What's this 'little bird' thing...Twitter...is that a law firm or something?mryanone | Mar 14, 2014
This man here really tells it like it is! I had a great laugh with this article. There's no busier time than thanksgiving, then EVERYBODY is...FarrellMackennon | Mar 14, 2014
While the lawsuit will properly be decided by the courts, to me it's immoral to exploit minimum wage workers by "stealing" their...GraceG | Mar 14, 2014
This small personal piece reminded me of my first job many years before as a dishwasher at a summer resort along the Maine Coast. In the early 60...Craniac62 | Mar 11, 2014