Thursday’s letters: Put end to predatory lending. Amscot’s enterprize model feeds on our community’s blight — the distress that is financial of customers

Thursday’s letters: Put end to predatory lending. Amscot’s enterprize model feeds on our community’s blight — the distress that is financial of customers Stop predatory lending Despite creator Ian MacKechnie’s howls of protest, the times for their golden goose — Amscot’s financial obligation trap of pay day loans at usurious terms — are numbered. Amscot’s…

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Customers whom utilize online loan providers usually have struck with bank costs, U.S. watchdog says

Customers whom utilize online loan providers usually have struck with bank costs, U.S. watchdog says Customers whom move to online loan providers once they require more money often miss repayments and rack up a huge selection of bucks in bank costs, in accordance with a written report given Tuesday by the Customer Financial Protection Bureau.…

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