Month: June 2020

Payday loans in Texas carry an average interest rate of 600% – CBS Dallas/Fort Worth

FORT WORTH (CBSDFW.COM) – As millions of Americans struggle to pay bills, various payday lenders are offering relief in the form of quick cash. But these deals could end up costing long-term borrowers much more. READ MORE: The widow of a Good Samaritan who suffered a fatal blow on a DART train, seeking answers and […]

COVID-19 pandemic highlights dangers of payday loans

The coronavirus pandemic has caused some of the highest unemployment rates in recent history, and some families are turning to payday loans online. MACON, Georgia – The coronavirus pandemic has caused some of the highest unemployment rates in recent history. Families are struggling and some are turning to online payday lenders for help. The economy […]

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