Blog por Daniela Freitas

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22.01.2020

Proceed To Pull Customer Protection Rule Heightens Debate Over Payday Lending

Ads promise cash by means of payday loans at an Advance America storefront in Springfield, Va. The customer Financial Protection Bureau is wanting to rescind a proposed guideline to shield borrowers from payday loan providers. Daniella Cheslow/NPR hide caption

Ads promise cash by means of payday advances at an Advance America storefront in Springfield, Va. The customer Financial Protection Bureau is wanting to rescind a proposed guideline to guard borrowers from payday loan providers.

A medical assistant named Angela walked into a branch of Advance America at a strip mall and asked for a loan during a recent lunch hour in Springfield, Va. She’d borrow $300 and guarantee to pay for it straight right back within 1 month, with one more $73 in interest and charges.

This loan would help protect a family group visit to ny, stated Angela, whom asked NPR not to ever utilize her name that is last for reasons. (mais…)

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