Dedicated to Deposits: Deals, Data, and Discussion
Featured Savings Rates
Featured Accounts

Workplace Loans Gain In Popularity

Tuesday, January 7, 2014 - 9:44 AM
Now there is a new game in town. It’s called “workplace loans” but in many cases they should be called “company store loans.” Workplace loans have very high interest rates, as much as 165% per year, and are repaid directly out of wages.

Workplace Loans Gain in Popularity - Yahoo Finance
2
ShorebreakShorebreak2,614 posts since
Apr 6, 2010
Rep Points: 14,175
Reply