‘Like a drug’: cash advance users totally hooked on quick-cash period

‘Like a drug’: cash advance users totally hooked on quick-cash period

For Raymond Chaney, taking out fully a payday loan had been like employing a taxi to operate a vehicle around the world. He wound up broke — and stranded.

The 66-year-old veteran from Boise lives off of Social protection advantages, but borrowed from an online payday loan provider final November after their car broke straight down and didn’t have the $400 for repairs. Continue reading “‘Like a drug’: cash advance users totally hooked on quick-cash period”