Author: Annie Laurie GrahamPublisher:
ISBN:
Category :
Languages : en
Pages : 106
Book Description
The Loan Shark Evil
Author: Annie Laurie GrahamThe Loan Shark Evil in Texas
Author: Booth MooneyPublisher:
ISBN:
Category : Interest and usury
Languages : en
Pages : 23
Book Description
The Loan Shark Evil is Now Superseded by Beneficial Licensed Money-lenders of Small Loans in Many Cities
Author: Clarence HodsonPublisher:
ISBN:
Category : Loans, Personal
Languages : en
Pages : 24
Book Description
Loan Sharks
Author: Charles R. GeisstPublisher: Brookings Institution Press
ISBN: 0815729014
Category : Business & Economics
Languages : en
Pages : 275
Book Description
Predatory lending: A problem rooted in the past that continues today. Looking for an investment return that could exceed 500 percent annually; maybe even twice that much? Private, unregulated lending to high-risk borrowers is the answer, or at least it was in the United States for much of the period from the Civil War to the onset of the early decades of the twentieth century. Newspapers called the practice “loan sharking” because lenders employed the same ruthlessness as the great predators in the ocean. Slowly state and federal governments adopted laws and regulations curtailing the practice, but organized crime continued to operate much of the business. In the end, lending to high-margin investors contributed directly to the Wall Street crash of 1929. Loan Sharks is the first history of predatory lending in the United States. It traces the origins of modern consumer lending to such older practices as salary buying and hidden interest charges. Yet, as Geisst shows, no-holds barred loan sharking is not a thing of the past. Many current lending practices employed today by credit card companies, payday lenders, and providers of consumer loans would have been easily recognizable at the end of the nineteenth century. Geisst demonstrates the still prevalent custom of lenders charging high interest rates, especially to risky borrowers, despite attempts to control the practice by individual states. Usury and loan sharking have not disappeared a century and a half after the predatory practices first raised public concern.
A Remedy for the Loan Shark Evil: the Morris Plan of Industrial Banking
Author: Robert McBlairPublic Affairs Information Service Bulletin
Author: The Facts about the Small Loan Business and the Scientific Rate of Fair Charges
Author: Reginald Heber SmithPublisher:
ISBN:
Category : Interest
Languages : en
Pages : 24
Book Description
Journal of the American Institute of Criminal Law and Criminology
Author: Small Loans in the District of Columbia
Author: United States. Congress. House. Committee on the District of ColumbiaPublisher:
ISBN:
Category : Loans
Languages : en
Pages : 172
Book Description
The Financial Organization of Society
Author: Harold Glenn MoultonPublisher:
ISBN:
Category : Finance
Languages : en
Pages : 826
Book Description