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Your search keyword '"RATES"' showing total 2 results
2 results on '"RATES"'

1. CHOICE GOES UNDERCOVER.

Subjects
*LOANS, *USURY, *CREDIT laws, *RATES
Abstract

Reports on short-term cash advance loans in Australia. 'Choice' magazine's investigation into the lenders; Cost of a two-week loan; Service at the store; Argument that credit laws should be extended to cover payday lending.

Published
2001

2. In Some Immigrant Enclaves, Loan Shark Is the Local Bank.

Author

Filkins, Dexter

Subjects
*USURY, *IMMORAL contracts, *LOANS, *INTEREST rates, *RATES
Abstract

Addresses the prevalence of loan sharks, especially within Latino communities in the United States. Use of high interest rates in loan sharking; Example of Juan Luis of New York City who borrowed money from loan sharks to open a series of fried chicken stands; How loan sharking works, as opposed to traditional commercial banks; Changes that have occurred from loan sharks of the past, with links to the mob and brutality, to nearly becoming a mainstream institution.

Published
2001

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