America’s Middle Class Is Addicted to a New Kind of Credit

America’s Middle Class Is Addicted to a New Kind of Credit

Oct 29, 2019 | News

The payday-loan business was in decline. Regulators were circling, storefronts were vanishing and investors were abandoning the industry’s biggest companies en masse. And yet today, just a few years later, many of the same subprime lenders that specialized in the debt...