Listed here is a current united states of america today headline: “cash advance charges can trap you,”
A different one through the L.A. days: “Many pay day loan borrowers have stuck in ‘revolving home of debt'”
And also this tale due to the Boston world: “Payday loans: a high-cost trap.”
Sensing a style?
The concern over payday advances has many Minnesota lawmakers’ attention too – enough where in actuality the Senate business committee authorized a bill that limits the number of pay day loans a Minnesotan may take down, Forum News provider reports.