Many former prisoners are broke until state settlements arrive. Tiding them over has become a niche market for finance firms. An investment can reap 33 percent interest.
Source: New York Times
Finance Companies Target Exonerated Prisoners With High Interest Advances
Published in Blackstone Group, The, Credit and Debt, False Arrests, Convictions and Imprisonments, National Registry of Exonerations, New York State and Private Equity
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