Illinois Payday Loans Online

High-cost loans from banks a action when you look at the direction that is wrong

High-cost loans from banks a action when you look at the direction that is wrong U.S. Bank recently introduced a brand new small-dollar loan item. By the bank’s own description, it is a high-cost item, at 70-88% APR. High-cost loans by banking institutions give you a mirage of respectability. An element of the impression may be the idea that is misguided restricting payment size to 5% of revenues means the mortgage is affordable for some borrowers. But these items [...]

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