Thanasis Kinias on Nostr: Why it’s Expensive to Be Poor, Exhibit № 39863274: ...
Why it’s Expensive to Be Poor, Exhibit № 39863274: <https://apnews.com/article/earned-wage-access-costs-payday-loans-9679d1bd09546d12074e0f27e23f0632>.
Perfectly legal in the U.S.: Apps that give you a loan against your paycheck for an average annual interest rate of 367%.
And the industry is fighting to get legislation that exempts them from the Truth in Lending Act.
Perfectly legal in the U.S.: Apps that give you a loan against your paycheck for an average annual interest rate of 367%.
And the industry is fighting to get legislation that exempts them from the Truth in Lending Act.