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For the year that is past a half, Doug Farry has met with town councils, chambers of commerce and business recruiting supervisors, telling a difficult truth: numerous employees reside paycheck to paycheck and often move to payday lenders to obtain by. He’s perhaps perhaps not wanting to shame companies into boosting wages. Rather, he’s trying […]
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Destinations Credit Union: Continue, Banking Smarter phone scams Pay day loan scams might seem like old news, but they’re more widespread than in the past. In reality, the FTC paid an overall total of $505 million to one or more million victims of cash advance frauds. In this scam, a caller claiming to express an […]
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a 62-year-old African-American mom and grandmother brings in about $1000 each month. She took away her very first cash advance because she required “a little additional” cash to go out of town. Like numerous borrowers, she needed to sign up for a loan that is second pay back the very first. She now has loans […]