Listed here is just just just how pay day loans typically work: a borrower removes a tiny loan, agreeing to pay for exactly exactly what appears like an acceptable rate of interest and a small cost.
Listed here is just just just how pay day loans typically work: a borrower removes a tiny loan, agreeing to pay for exactly exactly what appears like an acceptable rate of interest and a small cost. Ross Reddick, a Presbyterian minister from Sylacauga, Ala., holds an indicator throughout a rally concerning predatory lending legislation Feb. 4, 2014, in Montgomery, Ala. (Picture: Julie Bennett, AP) The demise this week of a Louisiana bill that will have reined in payday financing sexactly...