Saturday - October 25, 2025
Public Policy Tipoffs Involving North Carolina Newsletter for Sunday October 19, 2025 ( 1 items )  

Center for Responsible Lending Issues Report on Payday Loan Apps Draining Workers' Pay
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