Category Archives: National Title Loans

Cash advance team paid KSU for favorable research, documents reveal

Georgia considers loans that are payday dangerous to borrowers that they’re prohibited within state lines. U.S. army officers testified before state lawmakers that the interest that is high short-term paycheck improvements drown sailors and soldiers with debt. The U.S. Consumer Financial Protection Bureau, a federal consumer watchdog agency, planned a crackdown at one point.

Then when a Kennesaw State University study figured borrowers whom remove a long sequence of payday loans fare better than those whom don’t, industry advocates tried it to fight down the prepared crackdown. A Washington, D.C., lobbyist hand-delivered the report to a key administrator with the federal agency times before its general public launch, recently-released KSU e-mails reveal. Continue reading