4 Dirty Secrets of Alleged Installment Loans

4 Dirty Secrets of Alleged Installment Loans

There’s been a whole lot of chatter in regards to the danger of payday advances recently, but “safer” installment loans could be in the same way dangerous, a brand new report states.

There’s been a whole lot of chatter in regards to the threat of pay day loans recently, prompted by a unique report through the Consumer Financial Protection Bureau that called them “a long-term, high priced financial obligation burden.” But there’s another, fast-growing group of tiny, short-term loans pitched mostly to low-income People in america — and also the unbanked in particular — […] Read more