The brand new cash advance law is much better, however the difficulty continues to be: Interest rates nevertheless high

The brand new cash advance law is much better, however the difficulty continues to be: Interest rates nevertheless high

Turn sound on. The Long, Hard Road, we look at the institutions and inequities that keep the poor from getting ahead in the third installment of our yearlong project. Cincinnati Enquirer

Editor’s note: that is an edited excerpt from the next installment for the Long, complex path, an Enquirer special project that comes back Thursday on Cincinnati.

Nick DiNardo looks within the stack of folders close to their desk and plucks out the main one when it comes to mother that is single came across this spring.

He recalls her walking into their workplace during the Legal help Society in downtown Cincinnati having a grocery case filled up with papers and a whole story he’d heard at least one hundred times.

DiNardo opens the file and shakes their mind, looking within the numbers.

Cash advance storefronts are typical in bad communities because poor people are the most prone to make use of them. (Photo: Cara Owsley/The Enquirer)

Continue reading “The brand new cash advance law is much better, however the difficulty continues to be: Interest rates nevertheless high”