BankThink High-cost installment loans: No improvement over pay day loans

BankThink High-cost installment loans: No improvement over pay day loans Until 2013, a few banking institutions were siphoning huge amount of money yearly from client reports through “direct deposit advance” — items that carried typical annualized rates of interest of as much as 300%. Like storefront payday advances, deposit advance had been marketed as a …

BankThink High-cost installment loans: No improvement over pay day loans Read More »