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A look at what's going on in Trinidad, on H Street, and in the larger area north of Capitol Hill.

Wednesday, February 08, 2006

I-Hip-Hop & Go Go Opens on H Street

I-Hip-Hop & Go Go has filled the space vacated by Urban Legends (1100 block of H Street).

posted by inked at 8:26 AM

2 Comments:

Blogger soul searcher said...

are they open now?

what do you think of the new h&r bblock francise?

Feb 8, 2006, 9:22:00 PM

 
Blogger inked said...

It looks like they have pretty low inventory (which could make it hard to sell enough music to pay the rent). I used to work in an independent music store (in highschool) &, much like with independent bookstores, I think it is getting harder & harder for these places to stay in business with all the online & corporate competition. I haven't been inside this place, but the go go thing makes me wonder if they are trying to specialize in local DC music. Anyone know if this is true?

H&R Block's "rapid refund" loans (a refund anticipation loan, or "RAL") are pretty controversial. They look a lot like payday loans. There is a lot of disagreement over payday lending. A lot of people think that places (and we have plenty of them on H Street) that make payday loans are basically bloodsuckers praying on the poor & desperate. The interest rates are generally extremely high & RALs are risky because you might not get the refund (I don't know how common this issue is). Supporters of these loans argue that they enable parties in need access to funds (that they may need for emergencies) that other lenders simply won't give them.
Here's a report (kind of old, but still good, on the issue:

http://www.nclc.org/initiatives/refund_anticipation/release.shtml

Feb 9, 2006, 11:35:00 AM

 

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