Benutzer:Katherine0128

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"Payday loans are marketed as an appealing short-term alternative, but that will not reflect truth. Spending them off in only two weeks is unaffordable for some borrowers, who become indebted long-term," Nick Bourke, Pew's specialist 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/ cash advance loans]<br>The Neighborhood Financial Services Association of America, an organization representing payday lenders, countered that the Pew report lacked context. "Short-term credit products and services are an essential financial instrument for individuals who want funds to cover for an urgent expense or manage a deficiency between paychecks," the organization said in a statement. "In our present economy and constricted credit market," the assertion continued, "it is important that customers possess the credit options they need to manage their financial challenges." The typical fee charged by association members, the declaration said, is $10 to $15 per $100 borrowed.
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"Payday loans are advertised as an attractive short-term option, but that will not reflect truth. Paying 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, mentioned in a prepared statement.<br>http://uskbf.org/obtaining-a-inexpensive-payday-loan/, [http://uskbf.org/obtaining-a-inexpensive-payday-loan/ USKBF]<br>The Community Financial Services Association of America, friends representing payday lenders, countered that the Pew report lacked context. "Short-term credit products are an essential financial tool for persons who want funds to cover for an urgent cost or control a shortfall between paydays," the organization stated in a statement. "In our current economy and constricted credit marketplace," the declaration continued, "it is important that consumers have the credit options they require to deal with their fiscal difficulties." The normal fee billed by association members, the declaration stated, is $10 to $15 per $100 borrowed.

Version vom 14. August 2013, 03:32 Uhr

"Payday loans are advertised as an attractive short-term option, but that will not reflect truth. Paying 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, mentioned in a prepared statement.
, USKBF
The Community Financial Services Association of America, friends representing payday lenders, countered that the Pew report lacked context. "Short-term credit products are an essential financial tool for persons who want funds to cover for an urgent cost or control a shortfall between paydays," the organization stated in a statement. "In our current economy and constricted credit marketplace," the declaration continued, "it is important that consumers have the credit options they require to deal with their fiscal difficulties." The normal fee billed by association members, the declaration stated, is $10 to $15 per $100 borrowed.

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