FTC Targets On Line ‘Quick Money’ Loan Providers Amid Pandemic

FTC Targets On Line ‘Quick Money’ Loan Providers Amid Pandemic

If you have lost your task, a ‘payday loan’ may appear like an answer to cover the bills. Customer advocates warn it might make you in even worse shape.

For therefore San that is many Francisco Area families, making ends satisfy is more difficult than ever before. The bills are mounting up, with little to no or no money to arrive.

A loan that is short-term look like a remedy, but customer advocates have term of care about “quick cash” offerings.

The customer Financial Protection Bureau has logged significantly more than 31,000 complaints about customer loans since 2011. Continue reading “FTC Targets On Line ‘Quick Money’ Loan Providers Amid Pandemic”