The Connecticut Department of Banking is actually investigating these types of financial institutions, which charge sky-high interest levels significantly more than the appropriate limitation of 12 percent.

The Connecticut Department of Banking is actually investigating these types of financial institutions, which charge sky-high interest levels significantly more than the appropriate limitation of 12 percent.

On Line Payday Loan Borrowers Charge Sky-High Rates

By Jeff Stoecker Published 10, 2014 Updated on September 10, 2014 at 8 49 pm september

Whenever Dwight Graham discovered himself in a pinch that is economic in 2012, he hoped an immediate loan for a couple hundred dollars would fill the area.

Read moreThe Connecticut Department of Banking is actually investigating these types of financial institutions, which charge sky-high interest levels significantly more than the appropriate limitation of 12 percent.