California Cash Advance Business Is Apparently Going Toward Larger Customer Installment Loans

California Cash Advance Business Is Apparently Going Toward Larger Customer Installment Loans

SACRAMENTO – California’s pay day loan industry is apparently going toward bigger consumer installment loans over $300 and, most of the time, over $2,500, based on loan provider reports released by the Department of Business Oversight (DBO) today.

The reports reveal the final number and aggregate buck number of pay day loans continued a lengthy decrease in 2018 while non-bank

Unsecured consumer loans released beneath the Ca funding Law (CFL) increased markedly. Continue reading California Cash Advance Business Is Apparently Going Toward Larger Customer Installment Loans