No Loans Today

Flower
Flower


Fixating the ABC Loan Co., a twenty-five years of age pawnshop/checkcashing outlet, No Loans Today files every day life in the African-American neighborhood of South Central Los Angeles in the consequences of the 1992 riots. The movie checks out the lives of numerous individuals who have actually either picked or been required to stay in this neighborhood. With interviews and cinema-verité scenes of daily living, No Loans Today takes a look at the relationship in between pawnshops and checkcashing outlets – likewise referred to as “fringe banks” – to other financial issues that this neighborhood sustains, such as criminal activity and unemployment.The current expansion of fringe banks finishes a cycle of financial marginalization that started when markets left the location and banks started to redline South Central versus company loans. Depicting the pawnshop as a metaphor for survival, the movie checks out financial and mental marginalization, and exposes the hidden resiliency of individuals of this neighborhood.