2/20/08: Payday Lending and the Principles of Usury
By Doug Fabrizio
Salt Lake City, UT – Wednesday, we're talking about the high-cost debt industry in this country. In particular, we're focusing on payday lenders, who found a niche in places where there are a high number of working poor, minorities and elderly. Our guest is University of Utah law professor Christopher Peterson, who has just published an intriguing study that shows a link between what some regard as predatory loan places and conservative Christian populations like the Bible belt and the Mormon mountain west.
- Christopher Peterson co-authored Usury and the Christian Right with the geographer Steven Graves of California State University, Northridge. The article is forthcoming in Catholic University Law Review and is available here
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