Fremont Bankruptcy Attorney We We Blog. Payday Lender Disciplined for Prohibited Techniques

Gönderen 21/11/2020 09:22

Fremont Bankruptcy Attorney We We Blog. Payday Lender Disciplined for Prohibited Techniques

Repeatedly our customers reveal us contracts that are outrageous payday loan providers. We have seen agreements with APRs from 200%-300% and also one agreement which had an APR of over 1,600percent. Our customers know the APRs are ridiculously high yet there are not any other choices for them at that time. A number of our customers you live paycheck to paycheck and in case one thing unexpected pops up such as for example a medical emergency or automobile fix they want short-term cash.

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