Poor? Pay Up.
Having Little Money Often Means No Car, No Washing Machine, No Checking Account And No Break From Fees and High Prices
The poorer you are, the more things cost. More in money, time, hassle, exhaustion, menace. This is a fact of life that reality television and magazines don't often explain. Full Story »
Posted by Kaizar Campwala
I have been involved in the war(ha ha) on poverty for over 40 years, starting as a teen ager Foe years as a matter of principal I would not offer Refund anticipation loans to my tax clients, not only were they preditory (400+% apr) but they weren't that much of a good deal and the client was on the hook for exorbant fees even if the loan was denied. This year I broke down out ofmy own economic necessity, but I still explained how bad a deal they were. It brought to mind one of my old clients (cash on title business) being broke is a state, being poor is a state of mind. Education is the key to helping break the cycle, but that is a whole new article.