The Ugly Side of Microlending
How big Mexican banks profit as many poor borrowers get trapped in a maze of debt
The Ugly Side of Microlending
This very interesting article examines the sharp practices used to fleece poor people in Mexico.
I have been monitoring Business Week because they will soon be featuring an article on the charges campaign here. I gave an interview for this and LB should get a mention in the article. It looks like they are setting the scene for the bank's practices and will use the UK as an example of consumer backlash.
Watch this space...
How big Mexican banks profit as many poor borrowers get trapped in a maze of debt
The Ugly Side of Microlending
This very interesting article examines the sharp practices used to fleece poor people in Mexico.
I have been monitoring Business Week because they will soon be featuring an article on the charges campaign here. I gave an interview for this and LB should get a mention in the article. It looks like they are setting the scene for the bank's practices and will use the UK as an example of consumer backlash.
Watch this space...