National Title Loans

Cash advance team paid KSU for favorable research, documents show

Cash advance team paid KSU for favorable research, documents show

Georgia considers pay day loans therefore hazardous to borrowers that they’re banned within state lines. U.S. army officers testified before state lawmakers that the interest that is high short-term paycheck improvements drown sailors and soldiers with debt. At one point, the U.S. customer Financial Protection Bureau, a federal customer watchdog agency, planned a crackdown.

Then when a Kennesaw State University research determined that borrowers whom sign up for a string that is long of loans fare much better than those whom don’t, industry advocates tried it to fight off the planned crackdown. A Washington, D.C., lobbyist hand-delivered the report to an administrator that is key the federal agency times before its general public launch, recently-released KSU email messages reveal. Read the rest of this entry »