Many small towns and cities across the United States have multiple pawnshops, check cashers, payday lenders, and rent-to-own stores. In the groundbreaking bestseller Nickel and Dimed, Barbara Ehrenreich exposed how the dangerous combination of stagnant pay with rising costs of living is driving the working class into a situation where they can no longer make ends meet. Chapter 3 looks at the functionally poor middle class, an economic group increasingly targeted by the fringe sector. For details, contact the Special Sales Department at the Berrett-Koehler address above. Some of this assistance might involve helping them find alternative and less predatory forms of financing.
The ability to withstand horrific torture or loved ones disappearing? It is rich in detail, eloquent and steadfast in its commitment to change. Taking a hard look at this fringe economy, Karger shows that what seem to be small, independent storefront operations are actually page. Data discrepancies are often the most evident between fringe industry trade groups and consumer organizations. Perhaps the events of the Holocaust? But if we can accept this level of detail in William Gibson or Nicholson Baker, then surely we can offer some wiggle room for an engaging novel that somehow manages to squeeze such intriguing sentences into brisk chapters did I mention that this book moves? The book examines the factors behind the fringe economy's rise -- stagnant wages, rising numbers of working poor, and the 12 million U. The E-mail message field is required.
Subprime loans are just the tip of the iceberg that is the fringe economy. Great book - really illuminates just how sinister the fringe economy is and how it works to keep people poor. The chapter examines the alternative telecommunications sector, including prepaid home and cell phone service. Dollar's 2004 revenues from its U. If you think the fringe economy doesn't affect you, you're wrong. Penney has about 1,000 locations, and the entire Wal-Mart retail chain includes about 3,600 U. Besides, if a transaction seems unaffordable, the down payment, interest rate, or terms can be adjusted to make it seem manageable, at least in the short run.
While some consumer groups use the term alternative financial services sector, I prefer fringe economy, because it better addresses the marginality of this economy and many of its customers. America's changing fringe economy -- 2. For example, McDonald's has 13,500 U. Debt and the functionally poor middle class -- pt. Robin Black, — Forget Wells Tower.
Critics who produce the same tired titles for these infernal end-of-the-year lists are as useless as austere accountants who refuse to fox trot on the dance floor. It may be set in the past, but this is very much a novel for our times. Allison Amend, — Jewish cowboys, vagabonds, 19th century multiculturalism, and an elaborate storyline covering a good fifty years. Even the cleaner cars had hardened cola spills, cigarette holes in the seats, and a musty smell reminiscent of smoke and fast-food burgers. About five years ago, I arrived early for a dinner at a restaurant in a small, run-down Houston strip mall. Howard Karger describes this world as an economic Wild West, where just about any financial scheme that's not patently illegal is tolerated.
The mother enthusiastically volunteered her daughter for an interview. Aaron Rents has almost 900 stores across the United States and Canada. Like furniture and appliances, telephone service is a necessity for many people. Overview of the fringe economy -- 1. Chapter 10 examines the latter, including collection agencies, the organization and evolution of consumer credit counseling agencies, the structure and limitations of debt-management plans, the corruption of nonprofit-agency status, debt settlement, and debt dispute and file segregation. In Shortchanged, Karger provides a blueprint for improving fringe economy practices in ways that balance compassion with a realistic awareness of the risks any business faces in working with an economically distressed clientele. Howard Karger describes this world as an economic Wild West, where just about any financial scheme that's not patently illegal is tolerated.
Karger describes in detail the deceptive practices that allow businesses to prey on people at their most vulnerable moments. When electronic bill paying is not available, the Rodriguezes use money orders. My first was to shed light into this dark and shadowy sector of the American economy. No part of this publication may be reproduced, distributed, or transmitted in any form or by any means, including photocopying, recording, or other electronic or mechanical methods, without the prior written permission of the publisher, except in the case of brief quotations embodied in critical reviews and certain other noncommercial uses permitted by copyright law. A final goal was to show how the modern fringe economy reflects a break from the past. Alternative services : check-cashers, the rent-to-own industry, and telecommunications -- 7. My hope is that concerned citizens, advocates, and state and federal officials and lawmakers will be sufficiently alarmed by these activities to bring some measure of justice—or simple economic decency—into this sector.
Homeowners enticed into high-interest refinancing loans that systematically strip equity from their property are exploited. Karger reveals the many ways this industry has run amok, ruining countless people's lives, and shows that it's not just the poor but, more and more, maxed-out middle class consumers who fall prey to these devious schemes. These combined 29,000 locations are fewer than the nation's 33,000 check-cashing and payday lenders, just two sectors of the fringe economy. Extraordinary Renditions was one of those novels or three interconnected novellas; pick your category! The company is a strange bird in the world of payday lending. I knew that only a few shaky rungs separated me from the bottom of the economic ladder.