Worse Than Payday Loans For US Consumers? Online Installment Loans Up 10 Fold Since 2014!

Some politicians went after Payday Loan companies, but many of the loan shark practices have moved online and business is booming…

by Jason Burack via Wall St For Main St

Some Democrat politicians went after Payday Loan companies but many of the same loan shark practices (charging triple digit interest rates) have moved online. And growth in this industry (loan volume) is up around 10 fold since 2014! YIKES!

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