Category: Poverty

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This huge sawdust pile behind this West Athens saw mill shows the prosperity reached in the late 19th century. Photo courtesy of the Athens Historical Society

The Timber Industry and the Felling of West Athens, Maine

Everett York leans back and rests his massive weight on a worn Lazy Boy recliner that belongs indoors but looks right at home amidst the miscellaneous junk, cars and car parts that litter his trailer’s yard. Close by, his wife, Rena, reclines on the rickety

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Fringe Banking

Banks don’t want her business. So when Pacquin Davis needed to cash her welfare check one recent Tuesday evening, she went to the Shopper’s Market around the corner from her apartment in an Atlanta public housing complex. The grocer charged her $3 to cash the

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The Costly “Banks” That Welcome The Poor

Ask Jack Daugherty how many pawn shops he owns in the United States, and he has to put down the phone for a minute to check. “It’s kinda a moving target,” he apologizes. “I have to ask somebody every week.” The correct answer: 225. For

Rent America is one of the several rent-to-own stores in Roanoke, Virginia. Photo by APF Fellow Michael Hudson

“Rent-to-Own”: The Slick Cousin of Paying on Time

Some people call Larry Sutton “The Reverend of Rent To-Own.” Sutton preaches the blessings of the rent-to-own business with the enthusiasm of a true believer. He owns a growing number of Champion Rent-to-own stores in Florida and Georgia: more than 20 so far. They offer

James Hogan’s problems started in 1989 when he borrowed and then paid $6,200 to a home-repair contractor in Atlanta to fix his roof and do other work. His attorney says an independent appraiser later asses the value of the work at $3,474. Fleet Finance tried to evict Hogan from his home. Photo by APF Fellow Michael Hudson

Loan Scams

Some days it seems like the phone at Annie Ruth Bennett’s house in southwest Atlanta won’t ever stop ringing. The callers want to sell her storm windows, debt–consolidation loans, burial plots. Her attorney says it’s all a scheme: They want to steal a piece of