Why Getting A Payday Loan During COVID-19 Is A Terrible Move (And Why I Still Did It)
Co-published with HuffPost. $200 worth of groceries will end up costing me $550 due to the sky-high finance rate that came along with the loan.
The Shutdown Is Great for Lenders
Co-published with The Nation. Over 800,000 furloughed workers missed two paychecks during the most recent government shutdown. And credit unions, banks, and finance companies reaped the rewards.
Can a New Kind of Payday Lender Help the Poor?
Co-published with The Nation. Oakland’s Community Check Cashing offers an unusual alternative for the underbanked.
Why It’s So Hard to Regulate Payday Lenders
Co-published with The New Yorker. Georgia has long struggled to rein in payday lenders, but even ambitious regulations can’t always stop the predatory practice.
America’s Poverty Tax
Co-published with The Daily Beast. While America’s jobs and economy remain flat, it’s getting more expensive to be poor, with everyone from payday lenders to subprime credit cards charging extortionate rates.