“Allow My Individuals Get”
A 30-minute movie from the middle for accountable Lending following the journey Southern Dakota took to cap short-term rates of interest at 36%.
Pew Charitable Trust Analysis
A 2012 study from Pew Charitable Trust discovered that an average of borrowers sign up for 8 pay day loans, of $375 each year, and spend $520 in interest.
What Exactly Is Payday Lending?
The customer Financial Protection Bureau describes a cash advance as “a short-term, high-cost loan, generally speaking, for $500 or less, that is typically due in your next payday. “
Predatory Lending: Last Week Tonight
John Oliver (featuring Sarah Silverman) explains the predatory cycle of this lending that is payday in fifteen minutes of comedy*. **Contains explicit language
Home File 1501
On February 27, 2019 home File 1501, which may cap the loan that is short-term at 36 per cent, was relocated ahead because of the House of Representatives Commerce Committee. Exodus Lending happens to be pushing with this change that is legislative payday financing laws since 2015 so we are excited when it comes to opportunities that this bill has moving forward.
Payday Advances Explained
Follow our buddy Jennifer in this video that is short The Pew Charitable Trusts. She could be a fictional, blue, individual but her battle to escape the cash advance financial obligation trap is an extremely real narrative that is much too typical.
Broke: Exactly How Payday Lenders Crush Alabama Communities
“There are more payday and title lenders in Alabama than hospitals, high schools, concert halls, and county courthouses combined. […]