Federal officials unveiled new restrictions on payday lenders Thursday that aim to help low-income borrowers avoid the debt traps" of readily available, high-interest loans that critics say prey on minority communities. Applying for payday loans online only takes minutes, and our quick process will tell you in minutes whether your application is accepted with one of the lenders we work with. With many lenders there is no faxing and sometimes you can have the money as soon as the next day.The Coronavirus Aid, Relief, and Economic Security Act signed into law March 27, known as the CARES Act, introduced several new measures to support individuals and businesses struggling during the coronavirus pandemic. For most federal student loan borrowers, the CARES Act offers substantial relief by automatically suspending monthly payments, and reducing interest to 0%, through Sept. 30, 2020.
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