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Predatory lending news and analysis from The Nation
January 29, 2021
Why I Joined the Jubilee 100 Student Debt Strike
I strike not only for myself and my children but for all Black women and their children weighed down by predatory, unjust debts.
August 25, 2020
How Federal Housing Programs Failed Black America
Race for Profit,
Keeanga-Yamahtta Taylor shows how even those housing policies that sought to create more Black homeowners were stymied by racism and a determination to shrink the government’s presence.
February 18, 2020
Rural America Doesn’t Have to Starve to Death
A predatory and extractive financial sector has hollowed out communities across the US.
September 24, 2019
Trump Is Revving Up the Attack on Workers’ Rights
This faux populist is all about enriching corporations and the wealthy at the expense of workers and consumers—but labor is fighting back, and union popularity is at near-record highs.
January 25, 2019
The Shutdown Is Great for Lenders
As 800,000 furloughed workers suffer a second missed paycheck, credit unions, banks, and finance companies are reaping the rewards.
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October 18, 2018
Letters From the November 12, 2018, Issue
Holding banks to account… A radical cure… Time for Amazonian outrage…
September 14, 2018
Death by a Thousand Charges: A Q&A With Devin Fergus
The author of
Land of the Fee
discusses wealth extraction through charges, fines, and interest.
August 20, 2018
Why Is Bank of America Asking Clients About Their Citizenship?
Lenders discriminate against immigrants—and often, it’s perfectly legal.
August 9, 2018
The State Lawsuit That Could Set a Precedent for Nationwide Student-Loan Refunds
What is certain is that borrowers will continue to pay the price if student-loan companies aren’t held accountable.
July 9, 2018
Can a New Kind of Payday Lender Help the Poor?
Oakland’s Community Check Cashing offers an unusual alternative for the underbanked.