15 votes

The new debtor's prisons: High-interest loan companies are using Utah’s small claims courts to arrest borrowers and take their bail money

Posted by spit-evil-olive-tips
Tags: usa.ut, debt, law, small claims courts, prisons.debtors, loans.high interest, warrants.arrest, author.anjali tsui, source.propublica, long read
https://www.propublica.org/article/they-loan-you-money-then-they-get-a-warrant-for-your-arrest

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Title
They Loan You Money. Then They Get a Warrant for Your Arrest. - ProPublica
Authors
Anjali Tsui
Published
Dec 3 2019
Word count
5416 words

3 comments

  1. [3]
    Wendigo
    Link
    My blood is boiling after reading this article.

    My blood is boiling after reading this article.

    6 votes
    1. DangerChips
      Link Parent
      Yours and mine both, it’s simply inconceivable that this is the year 2019 (almost 2020) and we’re dealing debtors prisons and kids dying of the flu in cold hard cages. Jesus Christ, is there no...

      Yours and mine both, it’s simply inconceivable that this is the year 2019 (almost 2020) and we’re dealing debtors prisons and kids dying of the flu in cold hard cages. Jesus Christ, is there no end to our depravity?

      7 votes
    2. Sahasrahla
      Link Parent
      Another tragic article about debt, this one from the UK: How debt kills — Jerome Rogers: 1995 - 2016 (Copied from my comment in the Tildes discussion)

      Another tragic article about debt, this one from the UK: How debt kills — Jerome Rogers: 1995 - 2016

      (Copied from my comment in the Tildes discussion)

      This story is Kafkaesque: a teenager goes into debt to take a job providing a critical service for businesses and hospitals, he earns a negative amount of money while his bosses profit, he is fined and then fined again for not having enough money to pay his fines, he is harassed by collection agents who stop him from earning money until he pays them, he takes on debt with impossible interest rates to pay off enough of his other debts to start earning money again, and seeing no way out he kills himself after a final visit from a collection agent.

      5 votes