SI
SI
discoversearch

We've detected that you're using an ad content blocking browser plug-in or feature. Ads provide a critical source of revenue to the continued operation of Silicon Investor.  We ask that you disable ad blocking while on Silicon Investor in the best interests of our community.  If you are not using an ad blocker but are still receiving this message, make sure your browser's tracking protection is set to the 'standard' level.
Strategies & Market Trends : 2026 TeoTwawKi ... 2032 Darkest Interregnum
GLD 399.01+0.1%4:00 PM EST
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  
To: KyrosL who wrote (76992)7/28/2011 6:49:22 PM
From: Ilaine4 Recommendations  Read Replies (3) of 218599
 
I am very much in favor of Elizabeth Warren as head of the Consumer Financial Protection Bureau. I agree with her 100% that some lenders deliberately target low income people. I see it with my own eyes, and so can you, even though you are not a consumer bankruptcy attorney.

Just drive around the commercial area of any low income zone in this country. You will see on every corner payday lenders, car title lenders, rent-to-own centers, and check cashers/cambio.

If such commerce starts to pop up in your own neighborhood, be afraid. You are not the target but your neighbors are, and they're on their way down.

Also, drive around a military base. Same thing.

Around here in Northern Virginia, you would see this near Fort Belvoir and Quantico.

I see a direct correlation in the epicenters of foreclosures, as well, e.g., Woodbridge.
Report TOU ViolationShare This Post
 Public ReplyPrvt ReplyMark as Last ReadFilePrevious 10Next 10PreviousNext  

HomeMailHotSubjectMarksPeopleMarksKeepersSettings
Terms Of UseContact UsCopyright/IP PolicyPrivacy PolicyAbout UsFAQAdvertise on SI
© 2025 Knight Sac Media.  Data provided by Twelve Data, Alpha Vantage, and CityFALCON News