Challenging the Old-fashioned Wisdom on Payday Loans

Earlier, I went in to a neighbor from my old neighbor hood in Pittsburgh, East Liberty, a mainly Ebony, low-income neighborhood. I was being told by her about taking right out an online payday loan to simply help cover a few of her bills.

Based on a brand new report from the Pew focus on the States, most of the those who look to pay day loans are nearly the same as my neighbor—just attempting to make lease, purchase meals or maintain the lights on. Plus »