A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay in finance charges can add up depending on how their state regulates lenders. Here’s why some groups are calling for stricter rules […]
A new report from Pew Charitable Trusts finds that nearly 10 million Americans turn to consumer finance companies for short-term installment loans when they need quick cash. But just how much they pay in finance charges can add up depending on how their state regulates lenders. Here’s why some groups are calling for stricter rules […]
Five years ago, the U.S. military banned payday and title-loans to military families, but small-dollar, high-interest lenders are getting around the Military Lending Act.
World Finance has outperformed the market and financial stocks through the recession. But is World’s high-interest small-dollar loan business sound and sustainable?