Banning Payday Advances Deprives Low-Income People of Alternatives

Banning Payday Advances Deprives Low-Income People of Alternatives In 2006 vermont joined up with an increasing a number of states that ban “payday financing.” Pay day loans are tiny, short-term loans meant to employees to present all of them with money until their next paychecks. This sort of borrowing is high priced, reflecting both the …

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