ProPublica: The 182 Percent Loan – How Installment Lenders Put Borrowers in a World of Hurt
May 13, 2013
One day late last year, Katrina Sutton stood at a gas pump outside Atlanta and swiped her debit card. Insufficient funds. But that couldn’t be. She’d been careful to wait until her $270 paycheck from Walmart had hit her account. The money wasn’t there? It was all she had. And without gas, she couldn’t get to work. Read more here.