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I-Team: NY Pensions Profit from Payday Loans

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October 5, 2017 6:51 pm

I-Team: NY Pensions Profit from Payday Loans

Short-term, high-interest debt known as payday loans are illegal inside New York borders. But that hasn’t stopped state and city retirement funds from investing more than $40 million in payday lenders that operate in other states. Chris Glorioso reports.

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I-Team: NY Pensions Profit from Payday Loans

I-Team: NY Pensions Profit from Payday Loans

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