Capping loan that is payday at 36% might not fully protect customers—here;s what scientists state will

Capping loan that is payday at 36% might not fully protect customers—here;s what scientists state will Several states, including Illinois and Nebraska, recently devote place restrictions that cap interest levels at 36% on customer loans, including pay day loans. Advocates claim these limitations protect customers from getting back in over these traditionally high-cost loans to …

Capping loan that is payday at 36% might not fully protect customers—here;s what scientists state will Read More »