Federal legislation of payday advances is really a victory for states’ liberties

Federal legislation of payday advances is really a victory for states’ liberties

Why the government must intervene to limit predatory lending

Back 2014, through the very first season of his hit HBO show “Last Week Tonight, ” John Oliver took in the payday loan industry. Boggled by loans that carried as much as a 1,900 apr (APR), Oliver offered up a revised form of the “Lion King” theme track. “It’s the circle of financial obligation! Continue reading “Federal legislation of payday advances is really a victory for states’ liberties”