Center for Responsible Lending issued a state-by-state appearance at charges created from short-term, low quantity loans that will charge triple digit rates of interest lent against a motor vehicle name or even a paycheck that is future. Sc is 12th in the country when you look at the quantity of costs: $57.8 million in pay day loan charges and $187.3 million in vehicle name loan charges. Continue reading “Big bucks being made down earners that are low-income S.C.”