Banning payday advance loan delivers desperate debtors run to pawn outlets
Banning payday advance loan delivers desperate debtors run to pawn outlets Until 2008, a cash-strapped consumer in Ohio looking for fast, two-week money from a payday loan provider may find themselves paying a large charge. These unsecured short-term loans—often secured with a post-dated consult and seldom exceeding $500 at a go—carried yearly number rates (APR) …
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