THE TYPICAL CASH ADVANCE APR IS 391%. Policy choices
THE TYPICAL CASH ADVANCE APR IS 391%. Policy choices One policy solution for handling high-cost, small-dollar loans – including payday advances – is in fact to cap the apr (APR) at an even more amount that is consumer-friendly. Predatory lenders have actually historically dedicated to small-dollar, short-term loans – like payday advances – to be … Continue reading THE TYPICAL CASH ADVANCE APR IS 391%. Policy choices
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