Guy paid $50,000 in interest after using $25,000 in pay day loans

Guy paid $50,000 in interest after using $25,000 in pay day loans payday loans Vermont

KANSAS CITY – Little pay day loans are touted as quick, short-term use of cash, but people like Elliott Clark of Kansas City, Missouri, call them “debt traps.”

A retired and disabled aquatic, Clark continues to have a time that is hard concerning the above five years for which he claims he struggled to cover $50,000 in interest which started with $2,500 of the loans, sometimes called “cash improvements” or “check always loans.”

Continue reading “Guy paid $50,000 in interest after using $25,000 in pay day loans”