Payday lenders took in $2.4 billion in fees from cash-strapped consumers in a single year, a report from the Center for Responsible Lending (CRL) finds.
It’s become increasingly common for high-cost payday lenders to attach various “fees” to loans provided to borrowers and ...
Predatory lending is rampant in low-income communities, draining over $2.4 billion from cash-strapped borrowers. Protect your finances and support responsible lending policies.