Say No to Payday Loans: 5 Safer Sources of Quick Cash
When consumers with poor credit and little savings need cash in a hurry, payday loans can seem like the best choice out of limited options. But payday loans come with a slew of risks and disadvantages, the most egregious being sky-high interest rates …
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What Military Families Need to Know About High-Cost Lenders
The MLA, as it was enacted in 2007, caps interest rates for military borrowers at 36 percent for very specific types of loans: mainly, short-term payday loans and auto title loans. The current proposed changes would ban interest rates above 36 percent …
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