The concept of "microcrediting" appeared in South Asia in 1974. The founder of this concept was Professor of Economics Mohammed Yunus. Simple Online Form Fast Access to Funds.
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Cash-Two-U Payday Loans. 1514 W 3rd St Farmville, VA 23901. Investments. 201 N Main St Farmville, VA 23901. Bank of Charlotte County. 216 N Main St Farmville, VA 23901. Bank of America. 100 Dominion Dr Farmville, VA 23901.
A couple of dozen or more area businessmen have made quick fortunes by offering short-term cash to low-income consumers and then slamming them with ruinous interest rates and fees. The amount of money to be made by trapping people into endless debt is mindboggling.
One Johnson County businessman sold his internet payday loan business cash advance loans nj 50 million in 2012.
Scott Tucker of Leawood, the most notorious of the online lenders, used his earnings to finance a fleet of race cars, a private Learjet and an 8 million vacation home in Colorado. Payday for at least some of these lenders may be coming to an end, however. A number of federal agencies are cracking down on unscrupulous practices. And none too soon.