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No Loans Today

No Loans Today

Centering on the ABC Loan Co., a twenty-five year old pawnshop/checkcashing outlet, NO LOANS TODAY documents daily life in the African-American community of South Central Los Angeles. The film explores the lives of several people who've either chosen or been forced to remain in this community.

With interviews and cinema-verité scenes of day-to-day living, NO LOANS TODAY examines the relationship between pawnshops and checkcashing outlets - also known as 'fringe banks' - to other economic problems that this community endures, such as crime and unemployment.

The recent proliferation of fringe banks completes a cycle of economic marginalization that began when industries left the area and banks began to redline South Central against business loans. Portraying the pawnshop as a metaphor for survival, the film explores economic and psychological marginalization, and reveals the unseen resiliency of the people of this community.

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