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Detroit News, conservative paper, runs series on poverty
Monday, August 20, 2001
Donna Terek / The Detroit News
The Rev. Levi Williams and his wife Rita almost lost their home when they were persuaded to take out a second mortgage for $14,000 to put in new windows.
Lenders exploit poor's few assets
Elderly, minorities often targets
Part 2: Equity in home
Part 3: Many ways to lose
Poor victimized by high car loans
Complaints surge against firms getting high auto loan rates
Car loan tips
How to recognize predatory lending
Sunday, August 19, 2001
Families in poverty pay more to survive
Expensive groceries, credit sap resources
Donna Terek / The Detroit News
Payday lending is a booming business across the country and is unregulated in Michigan. Borrowers sometimes pay as much as 900 percent interest.
Payday loans trap borrowers
High fees, interest snare disadvantaged in a vicious cycle
Part 2: High interest or fee?
Part 3: Uncertainty in Michigan
Part 4: Bill has critics
Part 5: Payday lending defended
How payday loans work
Less expensive alternatives
Tips for avoiding financial trouble
State considers some regulation
Sunday, March 25, 2001
Photos By Donna Terek / The Detroit News
Lori Denton, 36, and her three children wound up at a homeless center when she was fired because unreliable transportation caused her to be late for work. Solving the transportation problem is integral to the success of welfare-to-work programs.
Off welfare, still broke
Although employed, poor lose out on economic boom and still struggle
No car, no bus means no job
2-hour ride strains mom
Mother of 6 faces long daily bus trip in attempt to get ahead
Finding a lift proves major hurdle
No transportation limits job choices for Novi mother
Working poor eke out living
Good times rolled by. Now what?
Donations of cars, van pools offer relief
Private sector could play key role in filling transportation gaps for the working poor
S
- Thread context:
- The Road From Genoa,
Charles Brown Mon 20 Aug 2001, 15:06 GMT
- Market efficiency,
Michael Keaney Mon 20 Aug 2001, 14:51 GMT
- Payday loans trap borrowers,
Charles Brown Mon 20 Aug 2001, 14:22 GMT
- Lenders exploit poor*s few assets,
Charles Brown Mon 20 Aug 2001, 14:20 GMT
- Detroit News, conservative paper, runs series on poverty,
Charles Brown Mon 20 Aug 2001, 14:18 GMT
- After Chrysler cuts, Ford to cut 5,000 jobs,
Charles Brown Mon 20 Aug 2001, 14:15 GMT
- RE: Reducing Risk (was Re Re . . . DeLong),
Brown, Martin - ARP (NCI) Mon 20 Aug 2001, 13:59 GMT
- Re: Fw: [ASDnet] World Bank to debate Globalizatio,
Michael Pugliese Mon 20 Aug 2001, 13:14 GMT
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