Category: Paying Off Payday Loans

1,000% loans? Scores of borrowers face crushing costs

1,000% loans? Scores of borrowers face crushing costs A model for modification? One state, Colorado, has gone to advance lengths to guard cash advance borrowers without stamping out the practice entirely. A 2010 legislation replaced two-week loans that are payday six-month installment loans capped at $500. The utmost permitted APR, at 45 %, ‘s almost