The CFPB is the federal government’s consumer watchdog agency for all things.
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“People need access to small-dollar loans if they don’t have credit. payday loan sites in Florida, told the Orlando Sentinel at the time. “The consumer groups didn’t get everything they wanted, and neither did we. But this will help.
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And, to continue the shark analogy, payday loans are Jaws. They have been compared to crack cocaine. Like crack, they can hook the needy or clueless before they know what hit them. So, we know crack destroys lives, and we work.
A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a small, short-term unsecured loan.
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