• Donate
  • Subscribe
  • About
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube
  • WhatMatters
  • Politics
    • 2020 Voter Guide
    • Votebeat
    • Election 2020
    • Inside the Capitol
  • Justice
    • California Divide
    • Housing
    • Immigration
    • Labor
  • Economy
    • California’s Pension Crisis
    • Poverty
  • Education
    • Corona on Campus
    • Disaster Days
    • K-12 Education
    • Higher Education
  • Children and Youth
  • Environment
    • Building Efficiency
    • California Wildfires
    • Climate Change
    • Frayed Wires
    • Rising Seas
    • Water
  • Health
    • Breakdown: Mental Health
    • Coronavirus
    • Drug Costs
    • Wellness
  • Commentary
    • Dan Walters
    • My Turn
    • Reader Reactions
  • Multimedia
    • Explainers
    • Data Points
    • Force of Law
    • Gimme Shelter
    • California State of Mind
    • Interactives
    • Video
  • Events
  • DONATE
  • About
    • Advisory Board
    • Board of Directors
    • California Dream Project
    • Contact Us
    • Inside CalMatters
    • Institutional Membership
    • Internships
    • Jobs
    • Media partners
    • Meet Our Team
    • Mission
    • Reports & Financials
    • Supporters
  • WhatMatters
  • Politics
    • 2020 Voter Guide
    • Votebeat
    • Election 2020
    • Inside the Capitol
  • Justice
    • California Divide
    • Housing
    • Immigration
    • Labor
  • Economy
    • California’s Pension Crisis
    • Poverty
  • Education
    • Corona on Campus
    • Disaster Days
    • K-12 Education
    • Higher Education
  • Children and Youth
  • Environment
    • Building Efficiency
    • California Wildfires
    • Climate Change
    • Frayed Wires
    • Rising Seas
    • Water
  • Health
    • Breakdown: Mental Health
    • Coronavirus
    • Drug Costs
    • Wellness
  • Commentary
    • Dan Walters
    • My Turn
    • Reader Reactions
  • Multimedia
    • Explainers
    • Data Points
    • Force of Law
    • Gimme Shelter
    • California State of Mind
    • Interactives
    • Video
  • Events
  • DONATE
  • About
    • Advisory Board
    • Board of Directors
    • California Dream Project
    • Contact Us
    • Inside CalMatters
    • Institutional Membership
    • Internships
    • Jobs
    • Media partners
    • Meet Our Team
    • Mission
    • Reports & Financials
    • Supporters
Skip to content
CalMatters

CalMatters

California, explained

  • Donate
  • Subscribe
  • About
  • Trending
  • 2020 California Election Results
  • Coronavirus
  • Votebeat
  • California Wildfires

Tag: banks coronavirus

Money Mart payday loans and check cashing store in Sacramento, California. Photo via Creative Commons

Need money during coronavirus pandemic? How to avoid loan sharks and debt traps

by Manuela Tobias March 31, 2020April 1, 2020

As millions of Americans lose jobs, shifts and other sources of income during the coronavirus health crisis, financial experts worry that people will be preyed upon by loan sharks who stand to profit. “We saw this during the foreclosure crisis, where people were in distress and scammers took advantage to promise to help people connect […]

© 2021 CalMatters. Proudly powered by Newspack by Automattic Privacy Policy
  • Facebook
  • Instagram
  • LinkedIn
  • Twitter
  • YouTube