Report: Payday Loans Triggered $169 Million In Chapter 13 Filings

2020-02-03T14:53:58+00:00May 6th, 2013|

Using public data from the Consumer Financial Protection Bureau, a recent report by the Insight Center for Community Economic Development determined that the high fees and harsh contract terms for payday loans pushed so many people into Chapter 13 bankruptcy in 2011 [...]