The pandemic shuttered many businesses but sparked a wave of shady financial practices
"Tips" and "donations" concealed the actual price of the loan, states charged.
EWA loans let workers get at wages before payday rolls around, but the money comes at a cost.
TitleMax fined $10 million for "predatory lending to military families" and others.
Todo el mundo se encuentra de vez en cuando con falta de dinero en efectivo, y puede ser difícil pensar en formas de conseguir suficiente dinero para pasar una mala racha. Es entonces cuando mucha gente recurre a los préstamos de día de pago, el equivalente moderno a pedir prestado
States have been trying to put a lid on the excessive interest rates charged by the payday loan industry but those attempts aren’t working, according to the Consumer Financial Protection Bureau (CFPB). “Our research suggests that state laws that require payday lenders to offer no-cost extended repayment plans are
Payday and car title loans trap millions of consumers in a revolving cycle of debt every year despite attempts by states and consumer activists to restrict them. That could change if a U.S. Senate bill reintroduced by Sen. Sherrod Brown (D-Ohio) and others passes. The Veterans and Consumers Fair