Let me make it clear about Easy Money, Impossible financial obligation

Let me make it clear about Easy Money, Impossible financial obligation

Executive Summary

This will come as not surprising. Using the nation’s third poverty rate that is highest and a shamefully https://www.badcreditloanslist.com/payday-loans-vt lax regulatory environment, Alabama is a haven for predatory lenders. By advertising “easy cash” with no credit checks, they victimize low-income people and families in their time of best economic need – intentionally trapping them in a period of high-interest, unaffordable financial obligation and draining resources from impoverished communities.

This is only part of the story although these small-dollar loans are explained to lawmakers as short-term, emergency credit extended to borrowers until their next payday. อ่านเพิ่มเติม “Let me make it clear about Easy Money, Impossible financial obligation”