Loans in the USA
This is a big reason why many moved over to Britain that we covered in more detail Here. There is no language divide and so it will be much easier to work through this location, although the legal restrictions can be confusing. The eventual aim is to get a clearer picture of short term lending from a global perspective, rather than just a local one. Our approach to cover loans in the USA will be larger than that of Poland. Whilst we covered 10 of the most popular lenders there, we will stretch to 20 here. This is due to the industry timeline and the higher number of active providers.
We also wanted to add a few instalment companies (or installment as they spell it) such as Avant Credit and Rise Credit. Picking the actual lenders was quite easy as I am aware of many of the major active firms. Cash America International operates as CashNetUSA, DFC Global has MoneyMart and The Check Cashing Store, whilst Speedy Cash is also well known. Some companies introduced will also have a store presence. When comparing costs, we will look at California since it is the largest state. We will typically look at the price for a 30 day period at 100$ (£62). In California the maximum charge cap is set at 15% (15$/100$).
