Loan Sharks the Rise and Rise of Payday Lending

Loan Sharks the Rise and Rise of Payday Lending
By:Carl Packman
Published on 2014-08-03 by

Before the publication of the first edition of my book Loan Sharks I heard some very well meaning criticisms of my work, along the lines of the following: we realise that payday lending is bad but it is only a symptom, not a cause, of the economic crisis we find ourselves in today - therefore should we not focus our attention on taking down the whole system which has allowed this type of industry to proliferate? However we still need to account for why it is that predatory lenders have profited so much off the back of the financially vulnerable, and hold companies to account for their codes of conduct... Banks fall over themselves to lend to rich customers who promise large glittering deposits and low risks. They tempt them with sweet deals and low rates. The less well-off are treated very differently. Many at the bottom are denied credit from mainstream lenders, or forced to pay higher premiums. In the wake of the financial crisis, more of us are slipping into this category. We are compelled to find credit elsewhere. Payday loans are therefore on the rise.

This Book was ranked at 7 by Google Books for keyword Loans.

Book ID of Loan Sharks the Rise and Rise of Payday Lending's Books is LbTSoQEACAAJ, Book which was written byCarl Packmanhave ETAG "geX4uw0ERfY"

Book which was published by since 2014-08-03 have ISBNs, ISBN 13 Code is 9781907720987 and ISBN 10 Code is 1907720987

Reading Mode in Text Status is false and Reading Mode in Image Status is false

Book which have "168 Pages" is Printed at BOOK under CategoryBusiness and Economics

This Book was rated by Raters and have average rate at ""

This eBook Maturity (Adult Book) status is NOT_MATURE

Book was written in en

eBook Version Availability Status at PDF is falseand in ePub is false

Book Preview

Related Posts:

1 Response to "Loan Sharks the Rise and Rise of Payday Lending"