Description
Book SynopsisShortchanged exposes how America's "fringe economy"âthe booming industry of check cashers, payday lenders, pawnshops, and so onâthat prey on the poor and middle class.âThe first book to chronicle how the fringe economy ruthlessly and systematically exploits the poor and middle classes
âThe number of people affected by the fringe economy is enormousâitâs not just poor immigrants, but working and middle class families who are affected
âAuthor provides both the hard facts and personal storiesâhas scores of shocking real-life examples
Shortchanged takes a hard look at the corporate vultures that prey on Americaâs poor and middle classes. This âœfringe economyââmade up of pawnshops, payday lenders, check cashers, credit card companies and the likeâentices vulnerable consumers into an economic netherworld of high interest rates and ever-increasing debt.
Powerful analysis is combined with moving personal stories of the mothers, fathers, and families whose lives have been put on the line for the perpetuation of this economy. Ruthless, compelling, outrageous, and often enraging, Shortchanged puts the spotlight on the shady side of Americaâs economic underbelly.
