Payday lenders deliberately target minority communities for store locations

Evidence

A district director who used to work for him called a press conference a few years back to talk about the company’s methods for choosing new store locations. “I have been responsible for selecting sites for new stores in D.C. and northern Virginia,” he said—and to those who claim the company doesn’t target minority communities, “I can tell you emphatically that it does.” — Philip Mirowski, Never Let a Serious Crisis Go to Waste, 369

Categorization

• XREF: Connects to redlining and predatory targeting literatures, and to the moral-panic lens from the ‘go way back’ article on exploited groups. — connects to: Predatory sub-prime lending preyed on America’s poor and racialized communities — Max Haiven, Cultures of Financialization, 154

Broader Connections

• Predatory sub-prime lending preyed on America’s poor and racialized communities #corroborates (0.88) — Max Haiven, Cultures of Financialization, 154