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Believe It Or Not, Outlawing Payday Loans Will Not Lead To Looting & Pillaging – The Consumerist

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Believe It Or Not, Outlawing Payday Loans Will Not Lead To Looting & Pillaging
The Consumerist
Critics of payday lending say the practice traps many borrowers in a debt spiral, forcing them to take out additional loans to pay back the first. Yet these short-term loans do have proponents (many of them profiting from the industry) who claim that ...
Payday loans twice as attractive as credit unionsInside Housing

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