Debtors prisons had been prohibited by Congress in 1833, however a ProPublica article that revealed the sweeping abilities of high-interest loan providers in Utah caught the interest of 1 legislator. Now, heвЂ™s wanting to do some worthwhile thing about it.
Feb. 14, 2020, 5 17 p.m. EST
Series The Brand New Debtors Prisons
Just how companies are placing borrowers behind pubs
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A Utah lawmaker has proposed a bill to quit high-interest loan providers from seizing bail funds from borrowers whom donвЂ™t repay their loans. […]