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SCLC isn’t the just civil liberties team or black advocacy company which has connected hands

SCLC isn’t the just civil liberties team or black advocacy company which has connected hands

with CompuCredit as well as other organizations that peddle high-interest credit and predatory loans to bad minority communities. The fringe finance industry has intentionally attempted to develop relationships with minority companies as an element of its lobbying campaign against stricter legislation, both in the state and level that is federal. “Just they target minority groups to make their products look legitimate,” says critic Keith Corbett, executive vice president of the Center for Responsible Lending (CRL) like they target minority groups to sell their products,.

3 years ago, Al Sharpton went in terms of to arise in TV commercials for LoanMax, company that focuses on auto-title loans, whoever 300 % interest levels customer advocates consider deeply predatory.