Shopping rights for remote and indigenous communities. (choice cuts).(Brief Article)

Publication: Choice (Chippendale, Australia)

Bookmark this article Print this article Link to this article Email this article Digg It! Add to del.icio.us RSS

COPYRIGHT 2002 Australian Consumers' Association

You'd probably be horrified by the idea of leaving a debit card (keycard) and/or PIN number, social security cheque or bank passbook with a retailer as security for credit. However, it's not uncommon practice in many rural and remote indigenous communities, where it's often called `book up' or `book down'.

Book-up systems of credit can trap users in a `payday lending cycle', where at least part of each new...

Read the full article for free courtesy of your local library.