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The Washington Post, Op-Ed: Here’s What Goes On When Payday Advances are Prohibited

The Washington Post, Op-Ed: Here’s What Goes On When Payday Advances are Prohibited

By Deyanira Del Rio and Andy Morrison

Deyanira Del Rio is co-director of brand new Economy venture in nyc. Andy Morrison is promotions coordinator at brand brand brand New Economy venture.

Imagine a land without any loans that are payday. Blinking neon indications marketing “Fast Cash” not any longer dot the landscape in low-income areas and communities of color, and nary a loan provider is allowed to draw out interest levels of 400 per cent or over. Continue reading The Washington Post, Op-Ed: Here’s What Goes On When Payday Advances are Prohibited