Comments on: Broke USA

By: Illegal On-Line Loan Sharking « RI & MA Consumer News

Illegal On-Line Loan Sharking « RI & MA Consumer News — Wed, 12 Oct 2011 15:39:38 +0000

[...] For more information on predatory practices that are cheating consumers and hurting the economy, check out any of Gary Rivlin’s articles or his excellent book, Broke USA. [...]

By: Shady lenders lurking as the Hill appreciates | DC Crank Tank

Shady lenders lurking as the Hill appreciates | DC Crank Tank — Wed, 31 Aug 2011 18:09:41 +0000

[...] runaway loan deals on purchase and home repairs. There’s an entire book about this industry, “Broke USA.” The “poverty industry,” as Gary Rivlin dubs it, wants to simply rip off your [...]

By: Bryce Covert: The Double-edged Sword of Credit Cards for Women and Minorities | | Credit Card Debt ServicesCredit Card Debt Services

Wed, 16 Mar 2011 15:45:29 +0000

[...] into a world of manipulative practices and fringe players.” Gary Rivlin recounts in “Broke USA” that when nonbank lenders started to realize there were profits to be made in low-income [...]

By: The Double-edged Sword of Credit Cards for Women and Minorities » New Deal 2.0

Wed, 16 Mar 2011 14:38:04 +0000

By: Griftopia: Bubble Machines, Vampire Squids, and the Long Con That Is Breaking America |

Sun, 30 Jan 2011 19:20:34 +0000

[...] are looking for good information and deep insights into the 2008 financial implosion, I recommend Broke, U.S.A. and The Big Short. This entry was posted in book, non-fiction, public policy. Bookmark the [...]

By: Regulation of payday loans: challenging the cycle of debt › The Roundtable Association of Catholic Diocesan Social Action Directors | Blog

Mon, 27 Dec 2010 20:17:15 +0000

[...] Broke USA: From Pawnshops to Poverty, Inc – How the Working Poor Become Big Business, a new book by journalist Gary Rivlin, tells the fascinating story of how short-term loan businesses target working class and poor communities. [...]

By: Barclays to Help Set Up Bank Accounts for English Prisoners Nearing Release « Prison Law Blog

Mon, 27 Sep 2010 16:41:28 +0000

[...] Any thoughts, readers? While I like the idea of providing some type of financial literacy outreach to prisoners nearing release — particularly since many prisoners may have missed the transition to online banking, the rise of overdraft fees and easy high-interest credit, the payday loan industry, etc. — I would also be very wary of American banks forming any type of “partnership” with American prisons. Phone companies have already demonstrated how gleefully corporations will take to gouging prisoners and their families if given an entree, and it’s not as though banks have acquitted themselves particularly well in recent years when it comes to serving financially unsophisticated, low-income individuals. [...]

By: Credit Card Debt and Subprime Mortgages: Who’s to Blame? » New Deal 2.0

Credit Card Debt and Subprime Mortgages: Who’s to Blame? » New Deal 2.0 — Mon, 02 Aug 2010 17:38:32 +0000

[...] some of these questions in the chapter “The Birth of the Predatory Lender” in his book Broke USA. He writes about the early 1990s, when nonbank lenders started to realize that there were profits [...]

By: Facebook Links 2010 « Cliff's Constructs

Facebook Links 2010 « Cliff's Constructs — Fri, 16 Jul 2010 19:52:51 +0000

[...] Broke USA – How the Working Poor Became Big Business [...]

By: A CFPB Story, Geithner, Preemption « Rortybomb

A CFPB Story, Geithner, Preemption « Rortybomb — Fri, 16 Jul 2010 15:03:47 +0000

[...] “the deal that fueled subprime.” This story is one of many told in Gary Rivlin’s Broke, USA, which is a must-read on this [...]