Payday Credit Will Never Be Damaging To Lower Income Borrowers
Payday Credit Will Never Be Damaging To Lower Income Borrowers Based on the buyer financing security agency and consumer advocacy groups, payday creditors position a threat to low income customers. But besides the paternalism (and whiff of classism) intrinsic from inside the CFPB’s latest regulatory suggestion, the reasons against payday credit only don’t stack up. …
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