Lenders shift concentrate as pay day loans reach 13-year lower in California

Dive Quick: Payday advances have fallen up to a 13-year lower in Ca, hawaii’s Department of Business Oversight (DBO) stated in a news release Thursday. Both the sheer number of payday advances applied for by customers in 2018 (10.2 million) and also the aggregate level of those loans ($2.8 billion) will be the cheapest numbers since 2006, a continuation of …