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Why the Poor Pay More: How to Stop Predatory Lending Hardcover – October 30, 2004

ISBN-13: 978-0275981860 ISBN-10: 027598186X

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Editorial Reviews


"A successful and creative mix of research, personal stories, policy prescriptions, and an agenda for change about people who are caught in the merciless trap of predatory mortgage loans. These loans, characterized by exhorbitant interest rates and fees and grossly dishonest marketing are robbing average citizens of the key American asset building tool, homeownership, and exposing some of them to financial ruin. Editor Greg Squires has assembled a stellar cast of national researchers and activists to probe the problem. The book is a must read for anyone interested in understanding the dimensions of this crippling practice and how to stop the predatory financial companies that rob honest, hard-working homeowners."-Malcolm Bush President, the Woodstock Institute

Book Description

Exposes abusive lending practices, their impact on the working poor, and what can be done to combat this insidious form of discrimination.

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