NAFSA people offer small-dollar, short-term use of credit. Are these loans exactly like вЂњpayday loansвЂќ?
The short-term installment loan services and products made available from NAFSA membersвЂ™ TLEs aren’t pay day loans; these are generally installment loans. NAFSA members never ever take part in abusive collection methods or in every real means disrespect or overlook the liberties of y our clients.
Unlike payday advances, installment loans are amortized, have a definite loan term and need re payments which go toward not only interest, but pay down of loan principal. Continue reading “THE FACTS REGARDING TRIBAL LENDING”