When Trudy Robideau needed to finance a car repair, she decided to take out a payday loan. When she couldn’t afford to pay it back after the loan expired, she had to take out another one. She described the experience as being hooked: “You can fee...
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When Trudy Robideau needed to finance a car repair, she decided to take out a payday loan. When she couldn’t afford to pay it back after the loan expired, she had to take out another one. She described the experience as being hooked: “You can fee...
Grameen Bank’s Rising Risk Interactive Graphic by Myles Gurule [d3-source canvas=”wpd3-13124-0″] Microfinance was speculated to be the magic bullet, end-all cure for poverty. In 2006, Professor Muhammad Yunus and the Grameen Bank wo...
Grameen Bank’s Rising Risk Interactive Graphic by Myles Gurule [d3-source canvas=”wpd3-13124-0″] Microfinance was speculated to be the magic bullet, end-all cure for poverty. In 2006, Professor Muhammad Yunus and the Grameen Bank wo...
First, a disclosure: As part of a class I’m taking, I’m involved with Rhode Island Payday Lending Reform, the coalition whose cause I discuss below. Payday loans are a way for people who need cash, and don’t have access to traditional banking r...
First, a disclosure: As part of a class I’m taking, I’m involved with Rhode Island Payday Lending Reform, the coalition whose cause I discuss below. Payday loans are a way for people who need cash, and don’t have access to traditional banking r...