The Spark

“The emancipation of the working class will only be achieved by the working class itself.” — Karl Marx

Loan Sharks at the Nearest Walmart

May 2, 2011

Inside 2,000 Walmart stores there are kiosks from the company Jackson Hewitt, which makes loans against coming tax refunds. Someone might get $1,500 in advance of the tax refund, while paying from $25 to several hundred dollars in fees.

Loan shark interest rates, right at your local Walmart store.