Catégorie : payday loans okc

Payday loan providers, and the next without them

Payday loan providers, and the next without them

Dave Adams is the CEO associated with Lansing-based Michigan Credit Union League and Livonia-based CU Solutions Group

In Michigan, near to 600 payday financing storefronts each problem about 3,000 loans each year, generating $935 million in annual income statewide.

That money comes at a cost that is high customers such as for instance Kathy from Lansing. Health bills and a disabled partner left her needing supplemental income. She went along to the actual only real destination she thought will give her that loan — a payday lender. continue reading