When You Are in a Bind
The Consumer Financial Protection Bureau is proposing new rules to curtail payday lending practices the agency says can lead borrowers into long-term "debt traps."
Joey was in a bind. He was trying to buy his fiancé a wedding ring, and was running out of cash. He turned to a cash loan in Temecula to obtain the remaining balance.
According to George Washington University, 28 percent of college educated millennials have tapped short-term financing from pawn shops and payday lenders in the last five years.
Don’t be caught without any pocket money, get a loan here.