On Monday we blogged about AB 377 (Mendoza), which will allow Californians to publish a personal check
On Monday we blogged about AB 377 (Mendoza), which will allow Californians to publish a personal check for approximately $500 to secure a cash advance, up considerably through the present optimum of $300. A borrower who writes a $500 check to a payday lender would get a $425 loan – which must be repaid in full in just two weeks…