Arizona Payday Loan

The master plan would ban payday advances

The master plan would ban payday advances “Payday” loans are really short-term loans (the theory is you’re fronted a small amount of cash for a week or two until the next paycheck clears), which carry rates of interest that sound reasonable into the short-term context — 10 % over fourteen days, state, plus some fees. However in annualized terms, these loans carry a normal price of 391 %, plus in some situations soar far greater than that. As the bank card [...]