Benutzer:Katherine0128

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"Payday loans are advertised as an attractive short-term option, but that will not represent reality. Spending them off in only fourteen days is unaffordable for many debtors, who become indebted long-term," Nick Bourke, Pew's expert on small-dollar loans, stated in a prepared statement.<br>http://uskbf.org/1-hour-money-advance-improvements-are-easy-to-get-and-easy-to-payback/, [http://uskbf.org/1-hour-money-advance-improvements-are-easy-to-get-and-easy-to-payback/ site]<br>The Community Financial Providers Association of America, an organization representing payday lenders, countered that the Pew report lacked context. "Short-term credit items are an essential financial tool for individuals who want funds to pay for an unexpected cost or manage a shortcoming between paychecks," the organization said in a statement. "In our current economy and restricted credit market," the declaration continued, "it is critical that consumers possess the credit choices they want to manage their fiscal challenges." The typical fee charged by organization people, the statement mentioned, is $10 to $15 per $100 borrowed.
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"Payday loans are promoted as an appealing short-term option, but that will not reflect truth. Spending them off in just fourteen days is unaffordable for some borrowers, who become indebted long-term," Nick Bourke, Pew's specialist on small-dollar loans, said in a prepared statement.<br>http://uskbf.org/so-how-exactly-does-a-cash-loan-function/, [http://uskbf.org/so-how-exactly-does-a-cash-loan-function/ web site]<br>The Community Economic Providers Association of America, friends representing payday lenders, countered that the Pew report lacked context. "Short-term credit goods are an important financial instrument for persons who want funds to pay for an urgent expense or handle a shortfall between paychecks," the association stated in a statement. "In our present market and constricted credit marketplace," the declaration continued, "it is critical that consumers have the credit choices they need to manage their financial challenges." The normal fee charged by association members, the statement stated, is $10 to $15 per $100 borrowed.

Version vom 14. August 2013, 11:54 Uhr

"Payday loans are promoted as an appealing short-term option, but that will not reflect truth. Spending them off in just fourteen days is unaffordable for some borrowers, who become indebted long-term," Nick Bourke, Pew's specialist on small-dollar loans, said in a prepared statement.
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The Community Economic Providers Association of America, friends representing payday lenders, countered that the Pew report lacked context. "Short-term credit goods are an important financial instrument for persons who want funds to pay for an urgent expense or handle a shortfall between paychecks," the association stated in a statement. "In our present market and constricted credit marketplace," the declaration continued, "it is critical that consumers have the credit choices they need to manage their financial challenges." The normal fee charged by association members, the statement stated, is $10 to $15 per $100 borrowed.

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