Архив рубрики «quick cash title loans»

Exactly Exactly Exactly How One Payday Lender Ruined The Whole Industry

Exactly Exactly Exactly How One Payday Lender Ruined The Whole Industry

These wicked small payday loans aren’t anything significantly more than legalized loan sharking.

The businesses that provide them promote their solutions as an easy way for hopeless customers to have a little amount of cash on the go – typically significantly less than $1000 – then they slam you with APRs that average away at around 500percent.

This equals having to pay $250 in interest for the $1000 you don’t now have right.

On a one-way trip to debtor’s hell if you don’t pay it back by the time your next paycheck comes in, you’ll find yourself. Tens of thousands of Us citizens, mostly minorities and people in the army, have experienced their everyday lives ruined because of the astronomical interest they accrued from just one cash advance. Прочитать остальную часть записи »

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