Month: May 2016

Missouri man paid $ 50,000 in interest after taking out $ 2,500 in payday loans

Elliott Clark borrowed money to support his family, but struggled to pay it back. Through Susanna Kim May 21, 2016, 02:48 • 5 minutes to read Share on FacebookShare on twitterEmail this article ?? – Small payday loans are touted as quick, short-term access to money, but people like Elliott Clark of Kansas City, Missouri […]

Google to restrict ads for payday loans – TechCrunch

Google today announced that it will no longer allow payday lenders to advertise on its systems, as the loans often come with high interest rates and fast repayment requirements that drive borrowers to get into debt. Payday lenders offer quick cash to low-income people, who are then required to repay their loans within a short […]

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