More powerful federal and state limitations on payday lending will probably assist solve these issues.

Alternatives for advertising platforms, payday lead generators, and regulators

Payday lead generators expose customers to two forms of danger: First, they link customers with a breed that is especially hazardous of loan. Second, they could share customers’ delicate data that are financial, enhancing the opportunity that it’ll get into the arms of bad actors. These dangers fall disproportionately on poor and minority communities. Today, payday lead generators are employing advertising platforms like Bing and Bing to exhibit pay day loan advertisements nationwide, even yet in states that outlaw both payday lending and payday to generate leads.

More powerful federal and state limitations on payday lending will probably assist re re solve these issues. Plus »