Customer advocates state the guidelines may help low-income individuals and families caught in endless rounds of financial obligation.

Customer advocates state the guidelines may help low-income individuals and families caught in endless rounds of financial obligation.

The customer Financial Protection Bureau issued brand new rules on pay day loans this week.

Consumer advocates state the guidelines can help people that are low-income Georgia payday loans direct lender families caught in endless rounds of financial obligation. The industry contends that pay day loans offer a choice for individuals dealing with unanticipated costs or emergencies that are financial.