Short Term Loans – Part 2

State Lawmakers are considering legalizing two kinds of short term, high interest loans. Supporters say many people have no other way to borrow money. Critics say the loans take advantage of consumers. In the conclusion of a two part series – Laura Leslie reports on small installment lending.

Note: This story won second place in the consumer/economic category of the Radio Television News Directors Association of the Carolinas contest. It also won third place in the business reporting category of the Society of Professional Journalists – Green Eyeshade Awards.

Comments are closed.