Posted inCharlene Crowell, Columnists, Financial Literacy, Op-Ed, Opinion

Payday Loans Still a Deliberate Debt Trap

By Charlene Crowell NNPA Columnist Payday loans – the small loans that come with big fees and triple-digit annual interest rates – pose serious threats to the financial well-being of borrowers. That was the conclusion reached  by the Center for Responsible Lending (CRL). “Whether they receive the loans online, in storefronts or through banks, the […]