Valerie Hletko

Consumers may shift to installment loans," predicts Valerie Hletko, a partner with BuckleySandler LLP, which represents financial services companies.. "Reducing or eliminating access to payday loans will have no effect on the need for credit.

read more: https://money.usnews.com/money/personal-finance/debt/articles/2016-10-14/if-the-payday-lending-industry-goes-out-of-business-what-will-replace-it

We aim at helping you compare, make wise decisions, save money or just get acute verified information. Besides, you may fill out our Compacom form to get matched with suitable lenders. As you click on the Apply button which leads to any third-party we may get some compensation from them. It's necessary to support our staff and help us stay up-to-day on the contents, news and information we present.