Lawmakers protect name loan organizations while borrowers spend sky-high rates of interest

Lawmakers protect name loan organizations while borrowers spend sky-high rates of interest

Exactly How millions in campaign contributions assist block regulations to crack straight straight down on financing abuses

This story was co-published with USA Today.

Introduction

After many years of economic downs and ups, Gloria Whitaker required some cash that is quick help in keeping a roof over her mind.

So she and her son, Devon, visited a TitleBucks shop in Las vegas, nevada and took away a $2,000 loan, pledging their gold 2002 Ford F-150 truck as collateral. Continuer la lecture de « Lawmakers protect name loan organizations while borrowers spend sky-high rates of interest »