(crossposted to Booman Tribune)
A few years ago, my wife and I got a nice big aquarium and filled it with fish. Not long ago -- probably because of a new PetSmart in the big-box zone -- the local fish store we visited went under. Last week I looked at the small building it used to occupy, and found it occupied by a payday loan service.
Shortly thereafter, I noticed yet another payday loan shop -- proudly announcing its grand opening -- along a generally nice, tree-lined section of Main Street near our library, police station, and main post office.
What are these businesses? The latest in a long line of businesses that make the cost of poverty outrageous. And to make things worse, some businesses in that line used to be more reputable -- like your neighborhood's banks. More below.
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