Editorial: State should do more to avoid payday financing
Editorial: State should do more to avoid payday financing Illustration of a lifebuoy adrift in the ocean enclosed by hungry sharks (picture: Paul Fleet, Getty Images/iStockphoto) Payday lenders gouge poor people. They offer “cash advances” or “check loans” due for payment for a customer’s next payday. Some cost rates of interest up to 360 per [...]