Pay day loans target customers without any credit or credit that is low. These high-interest loans vow quick money before the paycheck that is next in, but frequently they create dangerous rounds of the latest loans to settle the old people, draining funds and pressing borrowers ever deeper into poverty.
In 2018, the Federal Trade Commission sued payday that is major AMG solutions for misleading lending that involved unlawful withdrawals and charged concealed fees. Fortsätt läsa