Payday Loan Rules Would Help low-Income grouped families avoid $8 Billion in Costs

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  • blogicon1January 7, 2021

Payday Loan Rules Would Help low-Income grouped families avoid $8 Billion in Costs In 2007, then-Professor Elizabeth Warren reminded us that “it is impractical to purchase a toaster who has a chance that is one-in-five of into flames and burning down your house.” But {as she noted, it is fairly easy it’s entirely possible to buy a financial product with the same odds of causing financial ruin—payday and car title loans can come with annual...