"Let My Individuals Get"
A film that is 30-minute the middle for accountable Lending following the journey Southern Dakota took to cap short-term interest levels at 36%.
Pew Charitable Trust Research
A 2012 research from Pew Charitable Trust unearthed that an average of borrowers sign up for 8 loans that are payday of $375 per year, and invest $520 in interest.
What Exactly Is Payday Lending?
The buyer Financial Protection Bureau describes a loan that is payday "a short-term, high-cost loan, generally speaking, for $500 or less, that is typically due on the next payday. "
Predatory Lending: A Week Ago Tonight
John Oliver (featuring Sarah Silverman) explains the predatory cycle of the payday financing industry in fifteen minutes of comedy*. **Contains explicit language
Home File 1501
On February 27, 2019 home File 1501, which will cap the loan that is short-term at 36 per cent, had been relocated forward by the House of Representatives Commerce Committee. Exodus Lending is pushing because of this change that is legislative payday lending laws since 2015 so we are excited when it comes to opportunities that this bill has moving forward.
Payday Advances Explained
Follow our buddy Jennifer in this brief video clip from The Pew Charitable Trusts. She can be a fictional, blue, individual but her battle to escape the cash advance financial obligation trap is a tremendously real narrative that is way too typical.
Broke: Exactly How Payday Lenders Crush Alabama Communities
“There are more payday and lenders that are title Alabama than hospitals, high schools, concert halls, and county courthouses combined. ” In this 2019 report from Alabama Arise and Alabama Appleseed the tales from Alabamians while the data surrounding payday lending can make you mad, break you down, and obtain you willing to produce modification.