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S. states have further limited its use, according to the Pew Charitable Trusts. On the other hand, some subprime or payday lenders still use the Rule of 78 when computing payments. Presented their background with other relevant loan servicing entities, we do not feel that 79Cash is the most reliable platform but we also don’t truly feel that the
Kim Lowe is usually a guide assigning editor on NerdWallet's financial loans team. She addresses purchaser borrowing, including subjects like personal financial loans, obtain now, pay out later and dollars advance applications. She joined NerdWallet in 2016 right after 15 several years at MSN.com, wherever she held various content material roles in