Consumer Groups Take PayPal to Task Over Education Loan Line Of Credit

The re re re payment platform, together with Synchrony Bank, supplies a real means to pay for tuition at for-profit schools — at terms which are being called “predatory.” Pupils at some for-profit career schools can find on their own having to pay hefty interest fees when working with a personal line of credit made available from PayPal, a team of customer watchdog teams warned this week.

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Payday Loan Consumers Share Their Experiences

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