Oportun loans might be worth considering for people who have little to no credit and don't want to get suckered
into predatory payday loan - type schemes.
Not exact matches
We do not offer
payday loans on our websites as we believe that they are
predatory and can cause a snowball effect where consumers who take them out push themselves further and further
into debt that they can not pay off.
The most common type of unsecured
loan you'll qualify for with bad credit is a
payday loan, and many of these lenders fall
into the «
predatory» category above.
Payday loans are considered one of the most
predatory in the business since they exploit lower income workers who have a hard time making ends meet with oppressive interest rates that send them further
into financial trouble.
Now, seven years since the Military Lending Act came
into effect, government authorities say the law has gaps that threaten to leave hundreds of thousands of service members across the country vulnerable to potentially
predatory loans — from credit pitched by retailers to pay for electronics or furniture, to auto - title
loans to
payday - style
loans.
Payday loans are considered one of the most
predatory in the business since they exploit lower income workers who have a hard time making ends meet with oppressive interest rates that send them further
into financial trouble.