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| *North Carolina Editor Tipoffs Newsletter for 2025-10-19 ( 1 items ) |
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Center for Responsible Lending Issues Report on Payday Loan Apps Draining Workers' Pay (10)
WASHINGTON, Oct. 18 (TNSLrpt) -- The Center for Responsible Lending, Durham, North Carolina, issued a report highlighting how payday loan apps exploit low-income workers by imposing hidden fees and high costs that deplete their earnings. The report, titled "Nickel and Dimed," emphasizes the predatory nature of these financial technology companies and calls for stronger regulatory measures to protect vulnerable consumers.
CRL's analysis reveals that payday loan apps use deceptive tactics to disg more ST
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