Utah’s payday lenders hit hard times — 25% of shops near in three years

Utah’s payday lenders hit hard times — 25% of shops near in three years Circumstances are instantly tough for Utah’s payday loan industry — which makes cash on the a down economy of other people by billing interest that is astronomical to cash-strapped people who have woeful credit and few additional options. • One of each 4 cash advance shops in Utah shut in past times 36 months. • To attract business in sluggish times, payday loan providers dropped their normal interest levels a bit. However they still average a sky high 522.26% yearly, or $10.02 for the $100 loan for 7 days. (更多…)...
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