Loan sharks: the birth of predatory lending

Auteur : Geisst, Charles R.
Éditeur : Bloomsbury Publishing Plc
ISBN : 9780815729006
Date de publication : 20 avr. 2017
Dimensions : 23,6 x 15,9 x 2,4 cm
Poids : 603 g
Langue : Anglais
Pays d'origine : USA

Offers the first history of predatory lending in the United States. It traces the origins of modern consumer lending to such older practices as salary buying and hidden interest charges. Yet, as Geisst shows, no-holds-barred loan sharking is not a thing of the past. Many current lending practices employed today would have been easily recognizable at the end of the nineteenth century.

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