Let’s cut towards the chase: pay day loans are a way that is egregiously expensive borrow cash.

Let’s cut towards the chase: pay day loans are a way that is egregiously expensive borrow cash. Do A bing look for “payday loans” and you’ll hear a late 90s tv commercial in your thoughts. “Get money the moment today! ” or “5 Minute Approval. No FAX. Bad Credit OK. ” Fast-forward 20 years and

Read More

A lot of pay day loan clients have actually good credit: TransUnion. But 12% turned into prime and super prime. Just 3% had been unscored.

A lot of pay day loan clients have actually good credit: TransUnion. But 12% turned into prime and super prime. Just 3% had been unscored. Whenever Liz Pagel and Matt Komos started analyzing a slew of alternate credit information collected by FactorTrust, a credit that is alternative TransUnion acquired a year ago, they desired to

Read More