Payday Nation. Whenever tribes form groups with cash advance providers, who profits?
Payday Nation. Whenever tribes form groups with pay day loan providers, who profits?
Photos by Mark Richards for Al Jazeera America
The tales and pictures for Payday nation have been reported and produced in collaboration with the Stabile Center for Investigative Journalism at Columbia University in ny.
UPPER LAKE, Calif. The whitewashed, one-story workplace merely off Californias Highway 20 doesnt appear to be much.
Even so the building is detailed considering that the target with at the least four thriving enterprises which are economic. They’re part of the industry that is multibillion-dollar of loans online: short-term loans up to $1,000 that can easily be desired by low-income people whoever credit that is bad them consequently looking forward to an advance loan they will accept rates of interest which will surpass 400 percent. Continue reading