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. Ohio, for example, passed an extremely limiting payday lending law that more or less changed most of the state’s payday loans into their less reviled cousin, the installment loan.
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