{"id":13221,"date":"2013-12-18T05:54:02","date_gmt":"2013-12-18T04:54:02","guid":{"rendered":"http:\/\/www.w-t-w.org\/en\/?p=13221"},"modified":"2013-12-18T05:54:02","modified_gmt":"2013-12-18T04:54:02","slug":"bilking-the-poor-in-the-us","status":"publish","type":"post","link":"https:\/\/www.w-t-w.org\/en\/bilking-the-poor-in-the-us\/","title":{"rendered":"Bilking the Poor in the US"},"content":{"rendered":"

Why Financial Literacy is Important<\/p>\n

World is one of America’s largest providers of installment loans, an industry that thrives in at least 19 states, mostly in the South and Midwest; claims more than 10 million customers; and has survived recent efforts by lawmakers to curtail lending that carries exorbitant interest rates and fees.<\/p>\n

Installment lenders were not included in a 2006 federal law that banned selling some classes of loans with an annual percentage rate above 36 percent to service members \u2014 so the companies often set up shop near the gates of military bases, offering loans with annual rates that can soar into the triple digits. \u00a0 \u00a0 \u00a0Bilking the Poor<\/a><\/strong><\/p>\n

\"Predatory<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Why Financial Literacy is Important World is one of America’s largest providers of installment loans, an industry that thrives in at least 19 states, mostly in the South and Midwest; claims more than 10 million customers; and has survived recent … Continue reading →<\/span><\/a><\/p>\n","protected":false},"author":18,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_monsterinsights_skip_tracking":false,"footnotes":""},"categories":[13,21],"tags":[],"class_list":["post-13221","post","type-post","status-publish","format-standard","hentry","category-finance","category-financial-literacy"],"aioseo_notices":[],"aioseo_head":"\n\t\t\n\t\n\t\n\t\n\t\n\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t\n\t\t