Hard working American’s of all socioeconomic strata are specifically targeted with financial products or services to make a fortune off those either living in chronic desperate times or experiencing sudden financial troubles.
The new book, Broke USA by Gary Rivlin, provides a welcome look inside the world of payday lenders and other fringe finance companies while supported by major Wall Street companies like Morgan Stanley.
Rivlin’s journey took him from pawnshops, rent-to-own, consumer finance companies, payday lenders, tax refund anticipation loans, and others to look at how people with the least wind up paying the most.
A payday loan is a bridge loan to cover a gap but the gap keeps getting wider and wider. – Woman from Dayton, OH
After listening to the interview I bought Broke USA to read on my iPad. I can’t wait to read every page.
You are not alone. I'm here to help. There is no need to suffer in silence. We can get through this. Tomorrow can be better than today. Don't give up.
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