Payday Lenders Are Somehow A Whole Lot Worse Than ‘Dirty Money’ Makes Them Look

Unlike within the Netflix show, the individuals who make money from this predatory industry rarely see prosecution — because whatever they do is completely appropriate

T he first period of Netflix’s brand brand new series, Dirty cash, provides an insightful, nuanced looks at infrequently-examined financial topics which range from the maple syrup mafia to price gouging that is pharmaceutical. However the subject which can be most germane to your present monetary weather isn’t Donald Trump’s shady company dealings — though that is highly appropriate.

Rather, it is the 2nd episode’s substantial check one payday loan provider plus the guy whom profited hugely from predatory lending.

Because, while Scott Tucker, in his Spandex cycling gear and utter absence of remorse is an amazing (and despicable) character, he’s also when you look at the minority in the market.

This is certainly, he got caught. And convicted. Continue reading →