Professor Anne Fleming’s first book, 'City of Debtors,' brings a new perspective to the study of consumer credit, focusing on small-sum lending as a distinct industry. Read more:https://bit.ly/2CyyMeS
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Tonight, in honor of Professor Fleming's book "City of Debtors," a panel of experts moderated by Prof. David Vladeck, will explore the rise and regulation of payday lending and other forms of high-cost, small dollar credit in the United States. Follow this thread for updates.
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Prof. Joseph McCartin of
@Georgetown: The book asks the important question: What is the meaning of justice within capitalism?#CityofDebtors1 reply 2 retweets 4 likesShow this thread -
If we don't figure out how to reign in companies, if we cant empower workers, we're in danger of descending into an era much worse than what we've seen before. This book makes me think big about not only where we are, but where we need to go. -Prof. Joseph McCartin of
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Alex Horowitz of
@PewTrusts: A note on progress.. U.S. Bank began offering a 3 month loan to customers who would not otherwise qualify to borrow. A $400 loan would cost about $48. This is the start of a possible game changer, and a big step for financial inclusion.1 reply 1 retweet 1 likeShow this thread
“History doesn’t tell us how to fix our current problems, but it is a reminder that we can look to the past for some guidance in thinking about how to develop solutions for the present.” -- Prof. Anne Fleming on her book #CityofDebtors. Read more:https://bit.ly/2CyyMeS
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