TitleMax, one of the fastest growing high-cost lenders in the country, has found a clever way around laws passed by several Texas cities: offer an initial loan at zero percent interest.
September 9, 2013 • 2:00 PM • Share
In state after state that has tried to ban payday and similar loans, the industry has found ways to continue to peddle them.
August 15, 2013 • 2:00 PM • Share
Last year, activists in Missouri tried to limit what high-cost lenders can charge. The ensuing fight exposed something that rarely comes into view so vividly: the high-cost lending industry’s ferocious efforts to stay legal and stay in business.
August 8, 2013 • 10:00 AM • Share
A weekly roundup of the best of Pacific Standard and PSmag.com, delivered straight to your inbox.
Casey N. Cep