Vicious period of pay day loans poses risk for low-income borrowers

Vicious period of pay day loans poses risk for low-income borrowers

1 day final might, Latoya S. Had been walking her 6-year-old pit bull terrier, Gucci, as he started to snarl excitedly at a strange guy looking at the leading porch of her stone, two-bedroom ranch house. The man spoke as Latoya approached her home. “You Latoya? ” She nodded.

The person arrived closer given that dog’s bark expanded louder. He handed Latoya an envelope and stated, “You’ve been served! ” Latoya took the envelope and viewed the guy dash to a classic, beat-up Ford Taurus. Continue reading “Vicious period of pay day loans poses risk for low-income borrowers”