Archive for the ‘Paydayloantoday’ Category

Without a doubt about payday lenders hungry for lots more

Posted by: funnytodd   
November 1st,
2020

Peter Ruark

Michigan League for Public Policy

Final October, we penned a line into the Alpena Information on payday financing, the danger it poses to neighborhood residents, in addition to legislative efforts underway in Lansing to guard borrowers.

We noted that rural areas, in specific, are in danger of payday lending, and therefore Alpena County has one of several greater prices of payday loan providers within the state, with 14 shops per 100,000 individuals, making the high-interest, high-risk loans a lot more available right right right here than generally in most counties. Read the rest of this entry »