Back to PAYDAYLOAN News ListPayday LendingWashington Post - IF THE D.C. Council votes on the merits today, it will ban the most exploitative practices of payday lenders. Council members have heard powerful testimonials from those victimized by exorbitant interest rates. Twelve of 13 council members have ... Source:
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A payday loan or paycheck advance is a small, short-term loan (typically up to $1,500 in the U.S.) that is intended to bridge the borrower's cash flow gap between paydays. |