Category Archives: Arkansas Payday Loans

Why Utahns Are Winding Up In Jail After Taking Out Fully Pay Day Loans. This meeting happens to be modified for clarity and length.

Payday and name loan providers provide a method to fast get money — put up the name in your automobile as security and you may get a hundred or so bucks. The catch? The percentage that is annual, or APR, can be hugely high, meaning you get spending much more than what you borrowed.

Utah is house for some of this greatest prices in the united kingdom, and a brand new report from ProPublica details just exactly how many people whom don’t continue with re re payments have actually also wound up in prison. KUER’s Caroline Ballard talked with Anjali Tsui, the reporter whom broke the storyline. Continue reading