Cash Advance (Payday Loans)
Where do lower-income Americans turn when faced with immediate bills and no money with which to pay them? Most turn to the payday loan indus...
Asked by an anonymous user
Believe it or not, the average interest rate
on a payday loan is 390%! That's why we don't
recommend payday loans except as a last
resort. The Consumer Financial Prote...
There have been lots of not-so-nice adjectives directed at the payday loan industry. Add "sinful" to the list, according to a 2016 survey fr...