In these tough economic times, many people find themselves turning to payday lenders like SolidCashSolutions to meet short-term financial obligations. There has been a lot of press about these businesses recently, as a house bill was defeated that would have limited both the amount of payday loans consumers could have at one time and the …
Monthly Archives: September 2020
Is Your Payday Lender Legal?
Payday loans meet a very specific need to a very specific subset of the population. People who can’t get credit via other means find themselves visiting the payday lender. They go there to get high-interest, short-term loans to meet temporary needs. In and of itself, this isn’t illegal. Many states place certain regulations on payday …