Banning payday loans ships desperate individuals starting to pawn stores

Banning payday loans ships desperate individuals starting to pawn stores Until 2008, a cash-strapped customer in Iowa looking for a simple, two-week financing from a payday bank may find by themselves paying a significant cost. These unsecured short-term loans—often attached with a post-dated test and hardly ever exceeding $500 at a go—carried annual percent prices […]