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A New Way to Tackle the Poor: Car Title Loans

The rusty 1994 Oldsmobile sitting in an alley just outside of St. Louis was an unlikely ATM. That was until the owner of the car, a 30-year-old hospital lab technician, saw a TV commercial describing how to get money from such a car, in the form of a short-term loan. Lab technician Caroline O’Connor, who […]