Lee Edmundson doesn’t want a federal rule to limit his access to payday loans. At least not according to the official record. “If the government limits the number of days I can have a loan, there will be many times…
If you’re short on cash and can’t qualify for a low rate credit card or personal loan, a high interest payday loan may seem like your only option. Don’t give up just yet: A growing number of startups are introducing innovative tools for consumers in a cash crunch and, in some cases, offering loans at significantly lower rates.