There is an interesting article on washingtonpost.com today concerning on how private equity funds are cashing in on the short term cash needs of poor people, Billionaire-controlled private equity funds are investing heavily in payday loans and high-intereset personal loans including “check loans”  Highlighted in the story is Mariner Finance, a firm run by a […]

Car title loans are effectively illegal in Indiana, though out-of-state lenders do try to talk Indiana consumers across state lines to get the loans.  This is one area of consumer finance that Indiana has right, because title lenders are merchants of misery. The loans are even worse than payday loans, because when a title loan […]