🖤 Donations of all sizes power our public service journalism Give Now

From This Collection

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.

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.

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.