Online payday loans, also known as “cash advances” or “check loans,” can offer quick access to money. There are often steep fees involved in repaying online payday loans, making them a high-cost avenue for people who may already be struggling. We recently released a study about payments for online payday loans and other high-cost online […]
from
http://www.consumerfinance.gov/blog/new-research-shows-online-payday-loan-borrowers-rack-up-steep-fees/
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