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Tag: william cheeks
Financial literacy coalition teams with subprime lender
The JumpStart Coalition for Personal Financial Literacy, a national nonprofit advocacy group that aims to improve the financial management skills of America’s youth, draws lots of attention for its surveys measuring how much kids really understand money. So why is one of its partners Atlanta-based CompuCredit, a usurious subprime lender that specializes in high-rate credit cards, payday loans, auto financing and debt collection, and which targets customers with poor credit scores?