Quoted: That may sound like a high rate, but J. Michael Collins, a UW-Madison professor of personal finances, says borrowers often end up paying much more if they allow payday loans to carry over month to month.Â
Office of Strategic Communication
Quoted: That may sound like a high rate, but J. Michael Collins, a UW-Madison professor of personal finances, says borrowers often end up paying much more if they allow payday loans to carry over month to month.Â