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ACE money Express could be the nation’s second biggest payday loan provider, but clients who would like an economic lifeline until their next paycheck won’t get assistance in virtually any of their 19 Pittsburgh-area shops.
Payday advances are illegal in Pennsylvania, and that has restricted Ace to cashing checks, attempting to sell cash instructions and processing bill re payments for the clients, among other solutions.
However the limitations on a cash-cow that is potential a company such as for instance ACE could alter due to renewed efforts by the industry to legalize payday lending in Pennsylvania. Continue reading “Bill would legalize payday financing in Pa., labeled predatory by experts”