Pay day loans are now especially threatening students of Historically Ebony Colleges and Universities (HBCU’s)

Pay day loans are now especially threatening students of Historically Ebony Colleges and Universities (HBCU’s)

PAYDAY LENDERS PROVIDE DEFECTIVE PRODUCT, CLAIMING IT FILLS DEPENDENCE ON USAGE OF CREDIT

Defenders for the lending that is payday utilize the term “access to credit” to really make the argument that payday advances offer communities of color with economic solutions which have historically been denied them. But lending that is payday a defective kind of credit and an unhealthy replacement for reasonable and accountable economic solutions. Continue reading