Tuesday 30 December 2014

NYT: Title Pawns Charge 500 Percent Interest, Buy $17.5M Private Jets

They call it vampire capitalism: corporate loan sharks preying on the poor and having them thrown in jail when they can’t pay interest rates often in excess of one thousand percent. The newest and most distasteful face of vampire capitalism is the title pawn provider. Although TTAC has discussed the issue in the past, I’m […]


The post NYT: Title Pawns Charge 500 Percent Interest, Buy $17.5M Private Jets appeared first on The Truth About Cars.






from The Truth About Cars http://www.thetruthaboutcars.com/2014/12/nyt-title-pawns-charge-500-percent-interest-buy-17-5m-private-jets/

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