On line lending that is payday get to be the crazy West of customer finance, replete with fraudulence, threats and unauthorized account withdrawals.
That’s the image painted by a written report released on by the Pew Charitable Trusts thursday. The report employs current actions by federal regulators against fraudulent online lenders.
Payday advances are little, short-term, high-interest loans built in advance of the paycheck. Continuă lectura „Customers Warned About Pitfalls of Payday Loans Online”