With payday loan providers acting as credit solution companies, rates of interest along with other costs went wild.
With payday loan providers acting as credit solution companies, rates of interest along with other costs went wild. Koehler works on the real-life instance to describe the catastrophic outcome of high-interest, temporary loans—a woman whom will pay for a $1,200 loan at $200 four weeks. Four years later on, the girl nevertheless owes the main,…