Find data, videos, legislation, and home elevators organizational lovers
”Allow My Individuals Get”
A 30-minute movie from the guts for accountable Lending following your way Southern Dakota took to cap short-term rates of interest at 36%.
Pew Charitable Trust Analysis
A 2012 research from Pew Charitable Trust unearthed that an average of borrowers sign up for 8 loans that are payday of $375 each year, and spend $520 in interest.
What Exactly Is Payday Lending?
The customer Financial Protection Bureau describes a loan that is payday ”a short-term, high-cost loan, generally, for $500 or less, that is typically due on the next payday. ”
Predatory Lending: A Week Ago Tonight
John Oliver (featuring Sarah Silverman) explains the predatory cycle of this lending that is payday in a quarter-hour of comedy*. **Contains explicit language
House File 1501
On February 27, 2019 home File 1501, which will cap the loan that is short-term at 36 per cent, had been moved ahead by the House of Representatives Commerce Committee. Exodus Lending is pressing because of this change that is legislative payday financing laws since 2015 so we are excited for the opportunities that this bill has moving forward.
Payday Advances Explained
Follow our buddy Jennifer in this brief movie from The Pew Charitable Trusts. She could be a fictional, blue, individual but her battle to escape the pay day loan financial obligation trap is a very real narrative that is much too typical.