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What happens when you want or even need money and you can't get it - when you don't have access to credit or can't get loans from a bank? Here's a story about a place that fills that need. Read the full description.
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Piece Description
What happens when you want or even need money and you can't get it - when you don't have access to credit or can't get loans from a bank? As part of our weekly show about the word "bread", slang for money, we produced the following profile of a business many never even knew existed. Host Laquoia Simmons, twenty years old, and Voice of Youth director Tatiana Harrison went over to Cash Now, a spot where people can get paycheck advances, and prepared the following piece...
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Bill Anderson
Posted on March 28, 2007 at 04:43 PM | Permalink
Review of Cash Now
I struggled with this because of my predisposition to think of pay-day loan operators as predators. I have strong beliefs that they prey on people who can ill-afford to pay high interest rates at a time when cash flow is already a challenge.
The owner of the operation seemed like a pretty decent fellow, a sensitive guy who cares for and likes people, and I was surprised to hear the words of this likeable guy as he represented a business practice I find reprehensible. That was what kept me engaged but I wonder if other listeners will connect to it in the same manner.
Would this feature work if you were to also, somehow, include the voice of civic leaders who find these operations exploitive and damaging? It would no doubt have to take a dramatically different form but that is the provocative approach that I would need to hear before considering it for airplay.