If the Economy Struggles, Will People Turn to Payday Lenders? The Answer Is Surprising monthlywealthstream
Since the early 1990s, modern payday lending has been a source of short-term financing for individuals who need funds fast. However, it’s also a controversial practice that’s undergone many state and federal reforms to protect consumers against predatory lenders. With a potential recession looming, will an economic downturn—and the resulting financial strain on consumers—lead to […]