AltWeeklies Wire
The Upside of the Downturn: Why This Will Be The Greatest Depression Evernew
Maybe, just maybe, we will grow more healthy, more educated, working fulfilling jobs and listening to better music. Maybe this downturn is just the thing we need to move forward as a nation, to grow some grit and steady our nerves.
C-Ville Weekly |
Scott Weaver |
12-03-2008 |
Economy
Home Sales Down, but Prices Are Up: Blame it on the Credit Crunchnew
After the bottom fell out of the subprime mortgage debacle, lenders started to look at potential borrowers with greater scrutiny. Gone are the days of borrowers with weak credit snagging mortgages with no money down. Yet higher-priced houses are still moving because better-off buyers have an easier time getting loans.
C-Ville Weekly |
Scott Weaver |
04-23-2008 |
Economy
Why Go to a Payday Lender Anyway?new
The answer is very often because there aren't better options.
C-Ville Weekly |
Scott Weaver |
03-26-2008 |
Economy
Caught in the Payday Lending Cyclenew
Thomasine Wilson took out one payday loan in 2003. Two years and $2,000 later, she pulled herself out of the cycle of debt that the loan touched off.
C-Ville Weekly |
Scott Weaver and Will Goldsmith |
03-26-2008 |
Economy
Cities Ask Virginia to Cap Payday Lending at 36 Percentnew
Currently, most lenders charge borrowers $15 interest for every $100 borrowed -- per week. The APR on these loans can balloon to 391 percent, trapping borrowers in a vicious cycle of debt.
C-Ville Weekly |
Scott Weaver |
11-07-2007 |
Economy
Tags: Economic Issues
Virginia Mortgage Foreclosures Increasenew
Charlottesville area has nation's worst racial discrepancy in high-cost lending.
C-Ville Weekly |
Scott Weaver |
08-22-2007 |
Economy
