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Posts from the ‘Cash Connection Payday Loans’ Category

The payday lending industry might be entirely destroyed while the credit card industry would be significantly altered by a 15 percent rate cap.

The payday lending industry might be entirely destroyed while the credit card industry would be significantly altered by a 15 percent rate cap.

The master plan would ban loans that are payday

“Payday” loans are really short-term loans (the theory is you’re fronted a small amount of cash for per week or two until the next paycheck clears), which carry rates of interest that sound reasonable when you look at the context that is short-term ten percent over fourteen days, state, plus some costs. Read more…

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21 Jan 2020