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Thoughts on Payday Loans’ Terms and Fees
According to Finextra, Payday lender Wonga is to expand its business into longer-term financing for online retail purchases. Commenting on the article, Wonga takes on credit cards with e-finance loans,...
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Image may be NSFW.
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CFPB Reports On Benefits And Dangers Of Payday Lending
The Consumer Financial Protection Bureau’s recent white paper: “Payday Loans and Deposit Advance Products” revealed that the average payday loan borrower spends 196 days of the year indebted. To...
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