Ohio Payday Loans

Report shows California seniors tapping into pay day loans

Report shows California seniors tapping into pay day loans

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An increasing number of cash-strapped Ca seniors are looking at payday that is high-interest, in accordance with a report through the Ca Department of company Oversight.

A fresh report through the Ca Department of company Oversight reveals that seniors are actually the biggest group of pay day loan borrowers in California.

Often named a ???cash advance??? or a ???deferred deposit transaction,??? a quick payday loan is really a short-term loan where somebody borrows handful of cash at a tremendously higher rate of great interest. Continue reading