Pay Day Loans — And Endless Cycles Of Debt — Targeted By Federal Watchdog

Pay Day Loans — And Endless Cycles Of Debt — Targeted By Federal Watchdog

Maranda Brooks stands in January outside a payday loans company that she used to constant. Troubled by customer complaints and loopholes in state guidelines, federal regulators are proposing expansive, first-ever guidelines on payday lenders, targeted at assisting cash-strapped borrowers from dropping as a period of financial obligation. Tony Dejak/AP hide caption

Maranda Brooks appears in January outside a pay day loans company that she used to constant. Troubled by customer complaints and loopholes in state laws and regulations, federal regulators are proposing expansive, first-ever guidelines on payday lenders, targeted at assisting cash-strapped borrowers from dropping in to a period of financial obligation. Continuar leyendo «Pay Day Loans — And Endless Cycles Of Debt — Targeted By Federal Watchdog»