This app has great potential, but does little to protect lenders from losing money from an investors standpoint

This app has great potential, but does little to protect lenders from losing money from an investors standpoint I’ve lent over $16,000 to more than 60 people and found that many individuals about this platform spend their loans right back later, with numerous perhaps perhaps not trying to repay at all. I discovered that many …

Policy Quick: Installment Loan Act Would Expand Predatory Lending in Louisiana

Policy Quick: Installment Loan Act Would Expand Predatory Lending in Louisiana The Louisiana Installment Loan Act ( home Bill 501 / Senate Bill 365 ) would expand the loan that is payday in Louisiana by allowing payday lenders and automobile name loan providers to supply longer-term “installment loans.” Installment loans are similar to payday that …