Activists say payday loan providers exploit poor people, but better borrowing choices are difficult to get Subscribe to our newsletters Subscribe It is a word that is dirty, but subprime—as within the questionable lending methods blamed for the current financial crisis—entails, many just, expanding credit to those that never frequently have usage of it. Individuals who have low credit ratings or no credit rating are subprime borrowers; frequently so can be blacks and Latinos, whom could find it better to access credit away from old-fashioned finance institutions. The industry is composed of both the earnest while the credit that is occasionally devious—the while the pawnshop. Subprime loan providers are the corner that is ubiquitous offering check cashing, taxation reimbursement loans, automobile name loans, and pay day loans. The neon signs that front these companies mark them as goals for customer activists, whom allege that their practices are predatory. The industry claims to provide the indegent but really exploits them, its opponents state, with a high interest rates and loan that is impossible. They will have made payday loan providers a specific item of these ire....