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Visit your bank or a not-for-profit credit counselling service for ways to manage your finances with recommended courses of action.
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The Bureau believes that the proposed $500 limit for the first loan is appropriate in light of current State regulatory limits and would reduce the risks that unaffordable payments cause consumers to reborrow, fail to meet other major financial obligations or basic living expenses, or default during a loan sequence.
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See what your potential competitors are doing and make sure there's a gap in the market for your store.
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But I think we should mention two things here:
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Consider a small loan from a credit union.
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So glad I did the course and valudated my work experience with it.