Larger banking companies bring important part in funding payday loan providers

Larger banking companies bring important part in funding payday loan providers

Individuals who shell out higher costs to borrow from alleged payday loan providers usually lack bank account, but that does not mean finance companies are not earning money from their store.

FOR YOUR RECORD: payday advance loan: articles inside Sept. 15 company section concerning the financing that payday loan providers see from significant banking companies asserted that people that pull out payday advance loan normally do not have bank accounts. Continue Reading →