Consumer Group Study Exposes Racial Targeting Among Payday Predators
Statistical Data Highlights Tactics of Debt Trap Lenders
The Chicago Sun-Times is out with a story citing data from a study conducted by the Woodstock Institute that demonstrates that payday lenders in Chicago use racial targeting as standard operating procedure.
From the story:
Using 2019 borrower loan data obtained from state regulators, the nonprofit Woodstock Institute found the top ZIP codes for payday loans, excluding the…