Twenty-seven per cent of borrowers experience checking-account overdrafts due to a payday loan provider making a withdrawal from their account. For survivors, this represents a danger for their security.

Twenty-seven per cent of borrowers experience checking-account overdrafts due to a payday loan provider making a withdrawal from their account. For survivors, this represents a danger for their security. In 2007 the nationwide Defense Reauthorization Act additionally forbade creditors from making use of checks or any other ways of bank-account access as security. In addition, […]