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Wysłany: Sob 3:56, 22 Sie 2015
Temat postu: bad credit buy now pay later
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The ads are on the radio, television, the Internet, even in the mail. They refer to payday loans, cash advance loans, check advance loans, post-dated check loans, or deferred deposit loans. The Federal Trade Commission, the nationâs consumer protection agency, says that regardless of their name, these small, short-term, high-rate loans by check cashers, finance companies and others all come at a very high price. If Greenline could break one way or the other it would help them, and would probably get them more customers. They need to either break to the upside with the loan amount, and go from a maximum of $500 to something more like $1,500 or $2,000. Or they could break that interest rate down so that repayments were more like $70 flat or maybe even a flat $80 repayment. In other words, they have to lower the rates from what a payday loan company would charge. That's what installment lenders usually do, they offer that discounted rate as part of the sweetener to go for the longer loan time. And that's only fair because they will be making more money out of the loan than a (technical) payday loan that will conclude much more quickly.
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