Payday Lending is All About the Pyramiding the Loan, not the Payday

ACORN ACORN International Citizen Wealth Financial Justice

Little Rock   With the admissions that the bigger-than-God-and-government banks are skimming gazillions in profits from predatory payday loans, some welcome sunlight is shining on the dark caves of financial services for workers trying to stretch the money to make the month or deal with emergencies.  The Pew Research Center released a report on some of the …

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