Released: March 08, 2010

Payday lenders giving advances on unemployment checks

Source: Robert Faturechi, Los Angeles Times [Baltimore Sun]

The payday loan industry has found a new and lucrative source of business: the unemployed.

Payday lenders, which typically provide workers with cash advances on their paychecks, are offering the same service to those covered by unemployment insurance.

Read Full Article: Payday lenders giving advances on unemployment checks

Keywords

Loans, Credit, Payday Lenders, Payday Loans, Unemployment, Unemployment