January 22, 2021 Pen

Let me make it clear about Sweeping modifications should reform abusive pay day loans The Obama administration is cracking down on high-interest payday loans, a financial practice that preys on low-income people barely scraping by in another telling win for consumer rights. The move should bring respite from abusive strategies that strike the hardest that is poor. A couple of guidelines through the customer Financial Protection Bureau goes following a global realm of mini-loans from storefront stores that charge high costs and rates of interest since high as 300 %. (more…)