Beyond Payday Loans - Most Commented

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The problem behind the business of installment loans

May 13, 2013
World Finance of Greenville, S.C., rakes in half-a-billion dollars a year providing small loans to subprime borrowers. Thanks to an ever-deepening cycle of debt, business is good.
Posted In: installment loans, payday loans

On Victory Drive, soldiers defeated by debt: The story from Propublica

May 13, 2013
A federal law is supposed to protect service members from predatory lending. But lenders exploit loopholes, trapping military personnel in high-interest debt.
Posted In: installment loans, payday loans

A quagmire of debt and a billion dollar company: The story from Propublica

May 10, 2013
World Finance, a billion-dollar company, peddles installment loans, a product that often drives borrowers into a similar quagmire of debt.
Posted In: installment loans, payday loans

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About this collection

You hear it a lot: For the economy to get better, we all have to spend more. Consumer confidence, consumer spending, consumer interest, consumer debt.... it's the consumer economy. But didn't spending too much get us in trouble a few years ago? Can we afford the consumer economy? Marketplace explores how we consume, what we get from it, what it costs, and whether we can keep it up.