Of the many ravenous economic predators in US society, payday loan providers may be the absolute most shameless.
Their bread and butter offers high-interest loansвЂ”typically a couple of hundred dollars or lessвЂ”to employees attempting to help keep their minds above water, struggling to feed their young ones and keep their lights on. The spin that is positive loan providers would be that they truly are simply supplying an assisting hand, and in the end, financial obligation can be as US as apple cake, right?
Well, sure. But there are numerous, numerous scores of peopleвЂ”even in a seemingly sparkling economyвЂ”regularly dealing with economic peril in the usa. Continue reading