A Public Substitute For Pay Day Loans

A Public Substitute For Pay Day Loans

Publicly lending that is funded can offer low-interest, short-term loans in ways no personal lender can or will.

In very early February, the buyer Financial Protection Bureau announced payday lenders Georgia plans to rescind a rule requiring pay day loan lenders to accurately evaluate whether borrowers can repay them. The Obama-era legislation had been designed to curtail a few of the short-term loan industry’s notoriously predatory methods. Continue reading

Share Button