With the threat of stopping their charitable contributions, Rent-a-Center strong-armed an Ohio food-bank into dropping out of an anti-payday-loan advocacy group. The interest rates Rent-a-Center charges can come to as much as 782% APR. [WSJ]
By Ben Popken May 2, 2008
- Fighting For Change Faith V. Greed: The Battle Between Faith-Based Organizations And The Payday Loan Industry
- a fate worse than debt Online Payday Loans Cost More, Result In More Complaints Than Loans From Sketchy Storefronts
- putting consumers last DNC Chair Backs Pro-Payday Loan Bill; Thinks 300% Interest Is A Consumer Protection
- what's the catch? Is ActiveHours A True Payday Alternative Or Just Another Too-Good-To-Be-True Letdown?
- ushering in other shady players Most State Laws Can’t Protect Borrowers From Predatory Installment Loans, Open-End Lines Of Credit