Category Social Justice

Short on time? TL;DR: High-interest loans like payday, pawn, and title loans may seem like a quick fix, but they come with hidden costs that ripple through every facet of life. This article explores how these loans can damage physical…

The gist: Check cashing businesses are often dismissed as predatory, but this article shows how they reflect a larger story about economic exclusion and resilience. From transparent fees to flexible hours and community rapport, check cashing outlets provide vital financial…

Need-to-know summary: Alternative financial services, like payday loans, pawn shops, and check cashing outlets, are often used by those excluded from mainstream banking. This article explores the diverse lives behind these choices: low-credit borrowers, people facing poverty or financial emergencies,…

Article snapshot: Alternative financial services may offer a quick fix for people denied access to traditional banking, but the cost can be devastating. With interest rates sometimes reaching 400% or more, payday loans, title loans, and similar products can trap…