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Personal finance / Economics / Loans / Debt / Banking / Payday loan / Predatory lending / Unsecured debt / Line of credit / Financial economics / Credit / Finance


PREDATORY LENDING ALTERNATIVES Of 10 people who take out new payday loans: 2.5 people will pay the loan on time in one payment. 2 people will renew the loan 2 times. 1.5 will renew the loan 4 times.
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Document Date: 2013-12-18 17:18:52


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Company

Licensed Lenders Many / First Convenience Bank / /

Currency

USD / /

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Organization

Center for Responsible Lending / Texas Credit Union Department / /

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