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New York City taxis. NYC taxis. (Source: Shutterstock)

Former New York City Taxi and Limousine Commissioner Meera Joshi is calling on the city to “call out” credit unions and other lenders that she said continue to victimize taxi drivers and taxi medallion owners who were pushed to take out huge loans to finance their businesses.

“It’s been a known fact that the loans are mathematically impossible,” she told CU Times, adding that many drivers did not understand the ramafiction of the loans they were taking out.

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David Baumann


Credit Union Times

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