Beacon Journal | 01/12/2006 | Payday loans not only option
Beacon Journal | 01/12/2006 | Payday loans not only option
Payday loans not only optionSome credit unions offer lower-cost alternativesBy Gloria IrwinBeacon Journal business writerWhen credit union CEO Becky Howell realized that many of her members were using payday loans, she decided to do something to help them better manage their money.
Payday lenders in the Akron area typically charge $15 per every $100 borrowed, and the loan is due from the next paycheck or within 14 days.
That amounts to an annual rate of 391.07 percent, according to information posted at a local lender.
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Payday loans not only optionSome credit unions offer lower-cost alternativesBy Gloria IrwinBeacon Journal business writerWhen credit union CEO Becky Howell realized that many of her members were using payday loans, she decided to do something to help them better manage their money.
Payday lenders in the Akron area typically charge $15 per every $100 borrowed, and the loan is due from the next paycheck or within 14 days.
That amounts to an annual rate of 391.07 percent, according to information posted at a local lender.
Online Free Recipes
Sales Books
Perception of a Difference
Chicken Recipes
Famous Quotes
recipes
sell 2 us
Chicken Recipes
Gatlinburg Cabins
Funny Quotes
Payday Loans
Famous Quotes
Chicken Recipes
Auto Insurance
Easter Recipes
Crock Pot Recipes
Funny Jokes




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