Payday Loans Borrowers Have Rights


Borrowers have rights. They have the right to know how much their loan is going to cost them. They have the right to return the money they borrowed by the end of the day if they decide they changed their minds. They have the right to know about dispute resolution. The funny thing is they have the right to know so much, that most payday loan places will hand you a couple pages of fine print on your rights and have you sign something at the bottom saying you waive your right to a jury trial and you do so knowingly.


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