Comments on: Payday Loan Rules Would Help Low-Income Families Avoid $8 Billion in Fees https://talkpoverty.org/2016/06/02/payday-loan-rules-low-income-families-fees/ Real People. Real Stories. Real Solutions. Mon, 05 Mar 2018 22:12:30 +0000 hourly 1 By: Bob Parkman https://talkpoverty.org/2016/06/02/payday-loan-rules-low-income-families-fees/#comment-421 Sat, 04 Jun 2016 00:34:00 +0000 https://talkpoverty.org/?p=16467#comment-421 In reply to Matthew Kilburn.

and only real banking service.

]]> By: Matthew Kilburn https://talkpoverty.org/2016/06/02/payday-loan-rules-low-income-families-fees/#comment-420 Sat, 04 Jun 2016 00:12:00 +0000 https://talkpoverty.org/?p=16467#comment-420 The most likely result of these rules will be the evaporation of significant segments of the payday loan market. What that means is far more poor people being turned away from the only remaining line of credit available to them. Since those loans are so often being used to put gas in the car, food on the table, and water in the bathtub, and heat into the house on a cold winter’s day, I’ll let you figure out what going without those loans will mean.

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