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NB Quick Takes: Polman’s Out at Unilever – Let the Legacy Debate Begin!
In case you hadn't heard: Paul Polman is retiring as CEO of Unilever at the end of the year. Perhaps no other executive has been as closely associated with corporate social responsibility as Polman, who put social impact at the forefront of his agenda. That's not to say all of his initiatives were successful, nor were they without detractors – his retirement is sparking lots of discussion about his approach and its effectiveness at Unilever, not to mention its influence across the business world. We've gathered some early Twitter reactions in this post.
- Categories
- Social Enterprise, Uncategorized
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Do Payday Loans Deserve Their Bad Reputation? Ask the People Who Know Best – the Borrowers
Payday loans have earned a bad reputation as high-interest money traps that leave low-income borrowers stuck in a cycle of debt. But despite all the criticism and bad press, these loans remain very popular among low-income borrowers, with an estimated 15,766 payday loan stores throughout the U.S. – slightly more than the country's 14,350 McDonalds. So are payday loans really that bad – and are borrowers actually being victimized? LendEDU conducted a survey of payday loan customers, and Mike Brown unpacks the results – many of which may surprise you.
- Categories
- Finance
- Tags
- financial health, lending
