New Cash Advance Protections Revoked by the buyer Financial Protection Board
New Cash Advance Protections Revoked by the buyer Financial Protection Board Payday financing has for ages been controversial. These high-interest loans can be a trap for consumers–typically, the consumers who can least afford it while payday loan providers bill themselves as an important safety net for people in need of quick cash to cover unexpected expenses. Relating to data held during the Alabama Department of Banking, in 2019, Alabamians lent about $563.6 million from loan providers in Alabama and took away [...]