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 May, Latoya S. Ended up being walking her 6-year-old pit bull terrier, Gucci, as he started initially to snarl excitedly at a strange guy sitting on the leading porch of her brick, two-bedroom ranch house. As Latoya approached her house, the guy talked. “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 person dash to a vintage, beat-up Ford Taurus. (mais…)

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