👓 ‘A way of monetizing poor people’: How private equity firms make money offering loans to cash-strapped Americans | Washington Post

Read ‘A way of monetizing poor people’: How private equity firms make money offering loans to cash-strapped Americans (Washington Post)
As treasury secretary, Tim Geithner criticized predatory lenders. Now the private equity firm he leads runs a company that mails high-rate loans to risky customers.
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