Wednesday, May 12, 2010

What the Internet is for: Five-Star primer on how predatory lending works (you over)

checks, etc.This is one of the many side doors to Satan's abode. There's another one at every payday loan, check cashing "money" store, "E_Z Auto Loan" and especially furniture rent-to-own places. Image by TheTruthAbout... via Flickr

This is most excellent. Any person who earns, spends, or tries to keep some money should run over there are spend a little bit of time with this most useful rundown, in very simple English, with pictures, showing how many ways the scam payday-loan and "rent to own" places screw you over.

And anyone with teenagers or mature tweeners should definitely sit down and walk through this very slowly with said kids.
Reblog this post [with Zemanta]

No comments: