CRL president Mike Calhoun delivered the testimony that is after the client Financial Protection Bureau field hearing on payday improvements in Richmond. Beginning Remarks Thank you for the opportunity to get involved on today's panel. This is certainly a critical hearing for the an amazing wide range of working families which are snared in the economic responsibility trap of unaffordable loans...
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For borrowers dealing with hard circumstances, your loan provider may expand your repayments for extended. This may mean paying back over two or three smaller instalments if you have a loan until payday. Clients with short-term loans could have their repayments extended for longer. The following is a good example. You might have lent ВЈ500 for more than a few months. If for example the lender ...
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