Nonsense
May 29, 2009 | industry | Comments (0)In the otherwise interesting story about the credit access problems of Native-Americans, the reporter repeats silly claims of “targeting”:
Today, reservations are magnets for predatory lenders. According to research by the First Nations Development Institute, Indians are more likely than any other group to be targeted for payday loans, tax-refund loans and high interest rates. Even people with a business or finance background can find themselves mired in the mess.
Industries don’t “target.” Stores are placed where there is need.
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