American Payday Loan

Accueil » American Payday Loan

Could fed’s proposed curb on pay day loans weaken Georgia’s ban?

By |novembre 28th, 2020|

Could fed’s proposed curb on pay day loans weaken Georgia’s ban?
Customer advocates worry that a proposed federal guideline aimed at curbing expensive payday and vehicle name loans might undermine a Georgia law that produces numerous such loans unlawful.

The controversial loans have drawn plenty of scrutiny — and outright bans by Georgia and some other states — it hard for borrowers to pay them off because they often come with high fees and interest rates that can add up to more than 300 percent a year, making. […]