Many payday loans require borrowers to produce a check that is post-dated debit authorization to obtain the cash.

Many payday loans require borrowers to produce a check that is post-dated debit authorization to obtain the cash. This might be despite state rules that forbid pay day loan organizations from also threatening to pursue unlawful fees against their clients, except in uncommon circumstances. Regulations especially forbids theft fees each time a post-dated check is … Continued