St. Paul, Minn. – because the recession deepens and folks from the economic margins find it difficult to spend lease or make vehicle repairs, pay day loans can provide quick assistance. Nevertheless, borrowers also can find themselves caught in a cycle that is vicious of.
Today during the Capitol, lawmakers will think about two bills that could limit lending that is payday. As an element of our Youth Radio series, Cathy Mayfield associated with the University of Minnesota talks about fast money in an economy that is bad. Ler mais