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Interest rates could be capped for payday loans

By Hicbd
Wed Nov 14 2012 3:39 pm

Alternatively, other loan options such as small consumer loans, paycheck cash advances from employers, and credit union loans with lower interest and more stringent terms could be made more widely available and marketed.

URL:
http://en.wikipedia.org/wiki/Payday_loan
http://cfed.org/assets/scorecard/2013/pb_PredatoryLoans_2013.pdf
http://assets.newamerica.net/blogposts/2012/mythbusters_payday_lending_version-70045

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Categories:
Global Poverty Global Asset Building / Financial Inclusion U.S. Poverty Payday Loans Personal Debt

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