3 ms·
Citation? Who is giving unsecured pay day loans on unknown payday? If they did what would the interest be? 1000%?
by hshdhdhehd 1y ago
Citation? Who is giving unsecured pay day loans on unknown payday? If they did what would the interest be? 1000%?
- AirMax98 1y agoI worked at a payroll backed loan company and can say there is not many people in the space, for many good reasons. These banks do not exist.
- nobody9999 1y ago>Citation? Who is giving unsecured pay day loans on unknown payday? If they did what would the interest be? 1000%? I'm not a Federal employee and I don't know the details, but there's a banner on my bank's (Chase) website (after you log in) suggesting that they have mechanisms to assist those who aren't getting paid. What those are, I have no idea. It may well be high interest loans or no interest loans. Or it may waive fees on overdrafts. Again, I don't know. But banks are taking note and communicating with their customers about it.
- hshdhdhehd 1y agoI see. I imagine its good PR like that cafe giving free lunches in DC.