The High Cost of Poverty: Minnesota Pawn, part 2

January 13, 1997 - As part of a series on poverty, MPR’s John Biewen reports that while the Minnesota legislature passed regulations in 1996 designed to control interest rates so pawn customers wouldn't have to pay ten or fifteen times the rates charged for credit card loans, some of the state's pawnshops are using a loophole in the law to charge more than 200%.