Let me make it clear about customer Federation of Ca

Let me make it clear about customer Federation of Ca

Friendly sales pitch can not conceal pay day loans’ unfriendly prices

by David Lazarus, Los Angeles Instances

The page that recently reached homes throughout California as well as other states features a photo of Sylvester Stallone in “Rocky II” training for another shot at success.

“As you’re making your monetary comeback,” it says, “we would like you to learn increase has arrived to assist.”

Particularly, the business offers a loan that is pre-approved of2,600, “which may be deposited into the account the moment the next day.”

“Everyone really wants to get ahead financially,” the letter claims. “That’s just exactly what we are exactly about. Increase is all about getting you the funds you’ll need in order to make progress the next day.”

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