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May 23, 2018 | Netflix Series Dirty Money on Payday Loans

Danielle Park

Portfolio Manager and President of Venable Park Investment Counsel (www.venablepark.com) Ms Park is a financial analyst, attorney, finance author and regular guest on North American media. She is also the author of the best-selling myth-busting book "Juggling Dynamite: An insider's wisdom on money management, markets and wealth that lasts," and a popular daily financial blog: www.jugglingdynamite.com

The second episode of the six-part Netflix docu-series ‘Dirty Money’ is on payday loans and should be seen.

Payday loans have grown into a booming predatory business over the past decade.  The cost of borrowing exacted through transaction and ‘administrative’ fees effectively circumvent criminal interest rate prohibitions and are helping to keep poor people poor.  Greater protections from predatory financial products and services are much needed and are a vital part of the financial and social strengthening phase ahead.

Here is a direct link to the trailer for the series.

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May 23rd, 2018

Posted In: Juggling Dynamite

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