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Banking Institutions Could Be Worse Than Payday Lenders

Banking Institutions Could Be Worse Than Payday Lenders Overdraft charges or a advance loan at a bank can generate costs comparable to pay day loans. A current report from Moebs Services unveiled the right news for banking institutions: Despite legislation built to restrict overdraft costs by simply making them more clear, banks racked up charges totaling $32 billion year that …


Brand Brand Brand New California Law Targets Long-Term Pay Day Loans; Will Payday Lenders Evade it?

Brand Brand Brand New California Law Targets Long-Term Pay Day Loans; Will Payday Lenders Evade it? Washington, D.C. – Advocates at the National customer Law Center applauded news that Ca Governor Gavin Newsom belated yesterday signed into legislation AB 539, a bill to quit crazy rates of interest that payday loan providers in Ca are recharging on the bigger, long-term …