Installment loan

Pew Report: State Laws Put Installment Loan Borrowers at Risk

WASHINGTON – Major weaknesses in state laws have led to practices that mask the true cost of small installment loans, discourage safer lending and hurt clients, according to a new report from The Pew Charitable Trusts, the state puts installment borrowers at risk. “ About 10 million Americans use installment loans each year, spending over […]