More from Beyond Payday Loans

Most Recent

0

Join the live discussion on military lending

May 22, 2013
We're hosting a live chat on our investigative series on predatory lending to soldiers and their families.
2

Why military personnel fall prey to payday lenders

May 17, 2013
The government provides countless resources to help military families with financial literacy and even offers low interest loans to help them in times of emergency. So, why are many troops opting to take out risky payday loans instead?
Posted In: payday loans, lenders, military, Army
1

Protecting troops from a different kind of harm — predatory loans

May 16, 2013
Military brass, consumer advocates and lawmakers are trying to close loopholes in the Military Lending Act.
Posted In: installment loans, military
0

The battle against high-cost lending to military families

May 15, 2013
Five years ago, the U.S. military banned payday and title-loans to military families, but small-dollar, high-interest lenders are getting around the Military Lending Act.
Posted In: military, installment loans
0

Behind the photo: The unexpected job duties of a commanding officer

May 14, 2013
Mitchell Hartman describes the story of one soldier and how he helped others with financial challenges.
Posted In: payday loans, installment loans
0

Join us for a live chat on 'Beyond payday loans'

May 14, 2013
We're hosting a live chat on our investigative series "Beyond payday loans" and we'd like you to join.
Posted In: installment loans, payday loans
8

How World Finance makes a killing lending on the installment (loan) plan

May 14, 2013
World Finance has outperformed the market and financial stocks through the recession. But is World’s high-interest small-dollar loan business sound and sustainable?
Posted In: installment loans, payday loans
1

Behind the photo: A bankruptcy lawyer who identifies with her clients

May 13, 2013
Marketplace reporter Mitchell Hartman tells us the story behind one of the photos in "Beyond payday loans."
Posted In: installment loans, payday loans
1

Reporter's notebook: Behind 'Beyond payday loans'

May 13, 2013
We talk to the reporters who worked on the Marketplace and Propublica investigative story: "Beyond Payday Loans."
Posted In: installment loans, payday loans
2

What's the difference between payday and installment loans?

May 13, 2013
Both are predatory lending practices, but they're very different.
Posted In: installment loans, payday loans

Editor Picks

1

Protecting troops from a different kind of harm — predatory loans

May 16, 2013
Military brass, consumer advocates and lawmakers are trying to close loopholes in the Military Lending Act.
Posted In: installment loans, military
0

The battle against high-cost lending to military families

May 15, 2013
Five years ago, the U.S. military banned payday and title-loans to military families, but small-dollar, high-interest lenders are getting around the Military Lending Act.
Posted In: military, installment loans

Most Commented

0

Join the live discussion on military lending

May 22, 2013
We're hosting a live chat on our investigative series on predatory lending to soldiers and their families.
2

Why military personnel fall prey to payday lenders

May 17, 2013
The government provides countless resources to help military families with financial literacy and even offers low interest loans to help them in times of emergency. So, why are many troops opting to take out risky payday loans instead?
Posted In: payday loans, lenders, military, Army

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. 

Buzzworthy

Recent comments on our stories..

wcourchesne's picture

What 1717 means: your trolley number guess

I have no idea what 1717 refers to but I do know Marketplace is always great to listen to! Keep going...

zingledot's picture

Attack of the shrimp (prices)

This issue has been going on for some time, actually. Anyone in the restaurant business feels this pain. More than a year ago the price for our...

sgardner's picture

Attack of the shrimp (prices)

 If you’re a shrimp lover you may be wondering why you’re paying more for your favorite shrimp cocktail or Pad Thai. It’s actually a bacterial...

emcolligan's picture

Real estate flippers are back!

I'm glad to see others have commented about the thoughtless reference to a pit bull. The Maryland legislature recently passed and Governor O...

With Generous Support From...