Payday advance loan dropped during pandemic, but Californians include a€?not from the woodsa€™

Payday advance loan dropped during pandemic, but Californians include a€?not from the woodsa€™

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Pandemic federal government aid possess assisted some Californians avoid high priced payday advances just last year, but some pros say it may be prematurily . to commemorate.

A new document found that in 2020, California noticed a 40% decline in payday advance loan applied for when compared to 2019, a drop equal to $1.1 billion. Continue reading “Payday advance loan dropped during pandemic, but Californians include a€?not from the woodsa€™”