“Allow My Individuals Go”
A 30-minute film from the guts for accountable Lending following your way Southern Dakota took to cap short-term interest levels at 36%.
Pew Charitable Trust Research
A 2012 study from Pew Charitable Trust discovered that an average of borrowers sign up for 8 payday advances, of $375 each year, and invest $520 in interest.
What Exactly Is Payday Lending?
The customer Financial Protection Bureau describes a loan that is payday “a short-term, high-cost loan, generally speaking, for $500 or less, that is typically due in your next payday. “
Predatory Lending: A Week Ago Tonight
John Oliver (featuring Sarah Silverman) explains the predatory cycle of this lending that is payday in fifteen minutes of comedy*. **Contains explicit language
Home File 1501
On February 27, 2019 home File 1501, which will cap the short-term loan APR at 36 per cent, was moved ahead because of the House of Representatives Commerce Committee. Exodus Lending happens to be pressing with this change that is legislative payday financing laws since 2015 so we are excited for the opportunities that this bill has in the years ahead.
Pay Day Loans Explained
Follow our buddy Jennifer in this video that is short The Pew Charitable Trusts.