Payday Loans’ Potentially Predatory Substitution. Dangerous, high-cost financing is not going away any time in the future.

Payday Loans’ Potentially Predatory Substitution. Dangerous, high-cost financing is not going away any time in the future. As loan providers respond to impending regulations by pressing different services and products, numerous fear that borrowers won’t be protected. Elaine Thompson / AP Though some have actually heralded the customer Financial Protection Bureau’s long-awaited payday-lending regulations as …

Payday Loans’ Potentially Predatory Substitution. Dangerous, high-cost financing is not going away any time in the future. Read More »