Fresno War Hero Falls Victim to Cash Advance Company Charges 460% APR!

Fourteen days ago, we heard the saddest tale from the 80+ war hero that is year-old. He explained he fell victim to our local payday loan industry that he had survived many attacks from enemy fire, but.

Resigned and recently widowed, this war hero had been obligated to take down a quick payday loan to assist his kids’ household away. (nearly all of their your retirement is used on family members.) Regrettably, he had been unable to repay the loan on some time has losing a battle to belated charges and rates of interest being consuming away his monthly your retirement investment. He spends evenings wondering exactly exactly how he’s likely to be in a position to dig himself out this opening.

Bankruptcy might be a resort that is last.

Pay day loans advertise on their own are payday loans online same day increasingly being saviors to community I think they are more a cancer on our local economy as they can be a short term fix until the next payday; however. Continue reading