All told, the median debtor can pay $458 in charges on a normal $350 two-week loan that is payday.

All told, the median debtor can pay $458 in charges on a normal $350 two-week loan that is payday. Editor’s Note: On Friday, October 7th, the buyer Financial Protection Bureau will shut the general public remark duration for a guideline to rein in pay day loans. Please submit a remark to inform the CFPB why… Continue reading All told, the median debtor can pay $458 in charges on a normal $350 two-week loan that is payday.