Payday loans--short-term, high-interest cash advances that often target low-income communities--are illegal in New York state. A 1976 law made it a felony to charge borrowers an interest rate above 25 percent. Because payday loans operate on quick lending cycles--usually two weeks--the annual intere ... More >>
Ode to Mama from Housing is a Human Right on Vimeo. Mary Ward, the 82-year-old Bed-Stuy resident facing eviction following a predatory loan debacle, has been granted a meeting with the investigation team of Attorney General Eric Schneiderman's office next week, her lawyer Karen Gargamelli tells us.
Ralph B. Pena directs Ma-Yi Theater's latest at Here
Pretend you're Reshma Saujani, 34, dazzling, born to an Indian family expelled from Uganda by Idi Amin, a Harvard and Yale Law School grad who returned to Africa to help build Nelson Mandela's post-apartheid government. It's late 2009 and everything you've done in your professional life since its i ... More >>
Governor Paterson gave his annual State of the State speech, and although there were some of the grim zingers to which we've grown accustomed to hearing from him -- "The days of running New York like a payday loan operation must come to an end" is our favorite -- he mostly boosted the state ("New Y ... More >>
Lehman Brothers maintained its squeaky-clean image by relying on its seamier subsidiary. Just call her Aurora.
How the youngest Housing and Urban Development secretary in history gave birth to the mortgage crisis
Talk? No, we expect you to watch
People of money love a frontrunner
James Scurlock's debt doc not worth price of admission
Congress Preys on Local Subprime-Lending Protections
Predatory Loans Have Residents Seeing Red
Mayoral Candidates Huff and Puff on Predatory Lending
Students Challenge Citigroups Hand in Bad Lending and Environmental Devastation