What Is Powering The Emerging Pawnaissance?
PYMNTS
SEPTEMBER 17, 2019
At the low end of the spectrum, consumers will pay an APR of 25 percent a month, roughly comparable with a high-rate credit card. Ramirez of the University of Idaho, Ohio’s payday loan law was extremely effective at shutting down payday lending in the state. Interest rates on pawn loans vary as they are regulated by states.
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