Broke, USA: From Pawnshops to Poverty, Inc. - How the Working Poor Became Big Business
Publish date: June 8th 2010
Pages no: 358
Edition language: English
, Social Science
, Social Issues
, Social Movements
, Social Justice
I did like this book, but I am not rating it higher because, well, "I liked it" but I did not "really like it." It is not because the book is bad. Far from it. If a list is ever compiled of the books that must be read to understand the 2008 financial meltdown, this book has to be among the top two o...
This was well done. I like the way the book presented the situation with financial businesses in impoverished areas. I appreciated the unbiased nature of the payday loan, furniture rental scams, and the sub-prime mortgages. The author did a great job with the fine balance between individual responsi...
A really fascinating look at some of the poverty, inc. businesses. I knew there were predatory lenders but I had no idea just how horrific their practices really were. They deliberately targeted the most vulnerable people and inundated them with offers for refinancing or home equity loans. I was ...
Timely book on more ways to get rich by screwing the poor! Excellent review of the people behind the pawnshops, check cashing and payday loan industries. We used to have usury laws, but these industries have been able to get around them and charge unbelievably high apr rates on short term loans! How...
UPDATE - 5/17/2012 - see link at bottomRivlin has pulled together a lot on information on several types of enterprises that exist to exploit the poor people of our country. Although pawnshops are noted in the sub-head, they receive little attention. Of far greater concern here are check cashing stor...
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