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This is an accepted version of this page This is the latest accepted revision, reviewed on 17 January 2025. Short-term unsecured loan A shop window in Falls Church, Virginia, advertising payday loans. A payday loan (also called a payday advance, salary loan, payroll loan, small dollar loan, short term, or cash advance loan) is a short-term unsecured loan, often characterized by high interest ...
On July 1, 2010, a law exempting payday loan companies from the 36% cap expired. [32] State Attorney General Terry Goddard initiated Operation Sunset, which aggressively pursues lenders who violate the lending cap. The expiration of the law caused many payday loan companies to shut down their Arizona operations, notably Advance America. [33]
Social services include cash- and housing-related assistance, case management, treatment for mental health and substance abuse, and legal and budget/credit assistance. Amid food insecurity in Columbus, with several neighborhoods as food deserts , nonprofit organizations operate several no-charge groceries, pharmacies, and stores in the city.
Two trendy areas in finance — fintech and private credit — are coming together in a new multibillion-dollar joint venture. Affirm Holdings is getting its largest-ever capital commitment with a ...
Mike Lindell, the MyPillow CEO and an avid supporter of President-elect Donald Trump, filed a lawsuit against two small financial services that gave his company a loan when it needed money urgently.
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