Banning payday advance loans delivers hopeless consumers run to pawn shops

Banning payday advance loans delivers hopeless consumers run to pawn shops Until 2008, a cash-strapped shoppers in Kansas pursuing a fast, two-week financing from a payday bank may find by themselves spending a large fee. These unsecured short term loans—often secured with a post-dated check and hardly ever exceeding $500 at a go—carried annual portion… Continue reading Banning payday advance loans delivers hopeless consumers run to pawn shops