Payday loan providers usually state their charge of $15 for almost any $100 lent is smaller compared to banking institutions’ costs for bounced checks, which will be real.

Payday loan providers usually state their charge of $15 for almost any $100 lent is smaller compared to banking institutions’ costs for bounced checks, which will be real. In the national typical overdraft fee of $27.40, the checks that bounced in Virginia an individual could not pay their cash advance in 2006 might have benefited…