Concerned with predatory lenders, Broward County officials stated they are going to start thinking about employees that are offering loans with reduced interest levels.

Commissioners decided to look for bids from financial institutions whom may want to form teams with Broward County, providing crisis loans all the way to $5,000 to workers, including individuals with woeful credit ranks.

The county employs a lot more than 5,000 individuals, and union frontrunner Dan Reynolds of this Federation of Public Employees asked for a financial loan system couple of years ago, discussing some loan providers as “vultures.”

Thank you for visiting the Consumerist Archives

Many thanks for visiting Consumerist.com. At the time of October 2017, Consumerist is not any longer creating content that is new but go ahead and search through our archives. right right right Here you’ll find 12 years well well well well worth of articles on anything from how to prevent dodgy frauds to composing a successful problem page. Have a look at a few of our best hits below, explore the categories noted on the left-hand region of the web page, or check out CR.org for reviews, reviews, and customer news.

Founder Of Consolidated Credit Counseling Services same day payday loans in Oregon Reportedly Linked With Payday Loan Providers

If you’re in dire economic straits since you thought you can sign up for a 275% APR cash advance simply to end up not able to repay, are you wanting credit guidance advice from somebody by having a economic fascination with the prosperity of payday lenders?