Payday Financing Trapping Communities Of Colors?

Payday Financing Trapping Communities Of Colors?

This is News & Notes from NPR News. I Am Farai Chideya. Whenever cash’s tight, many people walk across the street to a lender that is payday compose your own check dated for a number of times as time goes on, and leave with cash-in-hand. The issues come when it is time for you to making good on that check. A higher percentage that is annual cost for credit cards could be, state, 25 %. But those charges for a pay day loan can achieve triple digits. Continue reading →