‘Bad Credit OK’: How Payday Loan Companies are Targeting Vulnerable Borrowers with Mobile Apps
The mobile apps world – sometimes they can make life easier, but that may not necessarily be a good thing. Sometimes if it’s too easy, it is probably too good to be true. And that is exactly what is happening with payday lenders. More payday lenders are offering loans via mobile apps, making it exceedingly easy to quickly jump into the cycle of payday loan debt. Do you think there should be regulations or limitations on payday lenders using mobile apps to entice vulnerable consumers? Let us know in the comments.
Payday Support Center 