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News Articles: loans

A TitleMax store in Douglas, Georgia. Credit:Nicole Craine for ProPublica

Tagged as: 

  • Your Money

TitleMax demands high-interest payments from borrowers in bankruptcy

In Georgia, borrowers looking to alleviate debt through Chapter 13 bankruptcy can’t escape their high-interest title pawns thanks to a legal loophole that TitleMax helped secure.

 

 

July 14, 2023
|
By:
  • ProPublica
Lucious Abrams, a plaintiff in the Pigford v. Glickman class action lawsuit, stands in front of a tractor on his Georgia farm.

Tagged as: 

  • Politics

In 2022, Black farmers were persistently left behind from the USDA's loan system

An NPR data analysis shows Black farmers were accepted for USDA direct loans at a lower rate than other racial groups in 2022. Direct loans are supposed to be among the easiest for farmers to get.

February 19, 2023
|
By:
  • Ximena Bustillo
China's New Silk Road project is lending out billions to countries in Central Asia, the Middle East and Africa to build and upgrade railways, ports, pipelines, power grids and highways. Above: A Kenya Railways train pulls shipping containers as it departs from the Mombasa port station.

Tagged as: 

  • Global Health

China lends billions to poor countries. Is that a burden ... or a blessing?

China doles out much cash for infrastructure. It must be repaid. Is that frustrating for recipients? A new survey has a surprising answer. But skeptics wonder: How honest were the participants?

December 07, 2022
|
By:
  • Andrew Connelly
Future of Atlanta

Tagged as: 

  • Business

New $3.5M loan program will help Atlanta small businesses buy commercial property

The city of Atlanta has launched a new $3.5 million loan program that offers low-interest financing to assist local existing business owners acquire commercial property.

November 22, 2022
|
By:
  • Dyana Bagby
 A TitleMax location in Savannah, Georgia. Credit: Malcolm Jackson for ProPublica

Tagged as: 

  • News

How title lenders trap poor Georgians in debt with triple-digit interest rates

For some Georgia residents, title pawn contracts offer a quick way to obtain desperately needed cash. But poor regulation of a confusing system traps many borrowers in high-interest debt they can’t pay off.

November 15, 2022
|
By:
  • Margaret Coker
The drilling rig Polar Pioneer outfits for Arctic oil exploration in 2015. A proposed rule from the Trump administration would force banks to offer financing to oil companies, gun-makers and high-cost payday lenders, even if the banks don't want to.

Tagged as: 

  • National

Trump Regulator's Rule Would Force Banks To Lend To Gun-Makers And Oil Drillers

The Trump administration is trying to force banks to make loans to gun-makers and to finance payday lenders. Critics call the move bizarre. It's opposed by watchdog groups and banks.

January 11, 2021
|
By:
  • Chris Arnold
Independent cinemas, like Plaza Theatre in Atlanta and Ciné in Athens, are offering special programming and online streaming while closed for quarantine.

Tagged as: 

  • News

Closed For Quarantine, Georgia's Independent Cinemas Turn From Silver Screen To Digital Streams

Among the small businesses shuttered by shelter-in-place orders are two of Georgia’s historic art-house theaters. How are these independent cinemas...

April 18, 2020
|
By:
  • Emilia Brock and
  • Chase McGee

Georgia's Bad Credit Score

Thinking of getting a new credit card or buying a house? Your credit score can determine those things, and a whole lot more. A new report puts Georgia...

May 16, 2017
|
By:
  • Celeste Headlee and
  • Whitney Chirdon

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