Where Do Payday Lenders Locate? Where They Can Easily Prey on People
ColoradoPols
By TheBell
( - promoted by Middle of the Road)
Aracely Panameno, the director of Latino outreach for the Center for Responsible Lending, was in town recently to meet with Latino community leaders. She presented them with the results of a recent CRL study that shows payday lenders nationally are nearly eight times as concentrated in neighborhoods with the largest shares of Latinos and African-Americans.