Six federal agencies are investigating online payday loan providers

Six federal agencies are investigating online payday loan providers

A half-dozen agencies that are federal probing the techniques of online payday lenders that target poor people

Introduction

At the least six federal agencies like the Justice and Treasury divisions are coordinating a diverse probe of on line payday lenders that fee enormous interest and charges to low-income borrowers whom require fast money. Continue reading Six federal agencies are investigating online payday loan providers