Blip

About this episode

What is your annual interest rate for your student loans, mortgage, or credit cards? 5.00%, 7.00%, 15.00%, 25.00%, or even 36.86% Multiply that by 100. Would you borrow money at this rate (3686%)? Or allow anyone you know to do the same? This is happening today. Here in America. In a neighborhood near you. ----------------------------------------- I would discuss the payday loan and check-cashing situation in certain neighborhoods, aka the lack of access to non-predatory financial institutions, in America, and one possible approach towards providing equitable access to financial resources to assist with asset-based community development.

• Release Date

  Jun 2, 2009

• Runtime

  05:29