Poor people may be even worse off under the new payday loan rules — Quartz

Payday loans may be the least popular financial product since subprime loans. Google finds them so distasteful they have banned payday lenders from advertising on its sites. The New York Fed says, “Except for the ten to twelve million people who use them every year, just about everybody hates payday loans.” Payday lenders days may…

via Poor people may be even worse off under the new payday loan rules — Quartz

Advertisements