It’s expensive being poor: calculating the “poverty tax” assessed by check cashers, payday lenders, and other merchants of misery feasting on those of little means and with lousy credit.
An article in Mother Jones about the fat profits the big tax prep chains make in lower-income neighborhoods.
An excerpt of my book, Broke, USA, appearing in Bloomberg Business Week.
Welcome to the lucrative, predatory world of subprime car loans.