Pay day loans: Can Washington make them less predatory?

Pay day loans: Can Washington make them less predatory?

Pay day loans charge huge interest but can be ideal for some borrowers in a pinch. The government is stepping in with brand brand new guidelines targeted at protecting the absolute most vulnerable.

  • By Simon Montlake Staff journalist
  • Jeremy Borden Contributor

As you of Chicago’s elevated trains clatters overhead, Gilbert Walker strides to the cash advance shop to create their last $165 re payment on a $600 loan he’d applied for at Christmas time.

The attention price ended up being high. Mr. (mais…)

Continuar lendo
Fechar Menu