Credit counseling agency states to appear before leaping into high interest loans made available from banking institutions or loan that is payday.
By Joe Scott , Patch Staff
A few St. Louis area banking institutions are receiving in to the cash advance business, including U.S. Bank, areas Bank and Fifth Third Bank, based on the St. Louis Post-Dispatch.
The banks need that the individual taking out fully the mortgage has a bank checking account using them, has direct deposit and automatic withdrawal for the loan, stated Thomas Fox, munity outreach director for Cambridge Credit Counseling Corp., an agency that is nonprofit. Read more