Browsing: Pay Later loans must be a priority for government law officials at the state and local levels—particularly those able to fairly and aggressively enforce the law without fear or favor

     A new investigative report, RENT NOW, PAIN LATER: How “Rent Now, Pay Later Loans” Put Working People at Risk, shares how these lenders are pushing loan products that involve hidden high costs, misleading claims and deceptive practices that push already-underpaid workers further into debt. Further, the fine print in these loans builds in abuses that deny consumers a legal right to challenge the fraudulent practices or to recover their hard-earned monies.