Teenagers Are Payday Lenders’ Latest Prey. Pay day loans are really a bad deal Payday advances have actually very long been marketed as an instant and simple means for individuals to access money between paychecks. Today, there are about 23,000 payday lenders—twice how many McDonald’s restaurants within the United States—across the united states. While payday…
Read MoreJust What Occurred After One U.S. State Banned Pay Day Loans There’s debt that is good bad debt…and then you can find pay day loans. These short-term borrowing products may charge yearly interest levels of 546 percent (or higher), and that can leave borrowers caught in a vicious cycle of taking out fully brand brand…
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