ItвЂ™s a period that appears to duplicate it self every session that is legislative Ca. Advocates submit a bill to suppress the predatory methods of payday loan providers. Then industry lobbyists squelch the time and effort, persuading state lawmakers that theyвЂ™re the lenders of last option, really the only people that havenвЂ™t abandoned low-income communities.
Never mind that the loan providersвЂ™ generosity comes with quick and expensive paybacks — a blizzard of costs that may total up to an annualized interest in excess of 400%. (بیشتر…)