Big bucks being made down low-income earners in S.C.

Big bucks being made down low-income earners in S.C.

On high-interest lending; Southern ghosts; New machines that are voting

By Lindsay road, Statehouse correspondent | Nearly a quarter billion dollars in fees were levied against a few of the state’s lowest money earners in 2018 because they took down high-interest loans of significantly less than $1,000, in accordance with a fresh report.

In April, the middle for accountable Lending granted a state-by-state check costs created from short-term, lower levels loans that may charge triple digit rates of interest lent against a vehicle name or even a future paycheck. Læs videre “Big bucks being made down low-income earners in S.C.”