The Association that is nationwide of Advocates has considered these companies “predatory loan providers. ”

The Association that is nationwide of Advocates has considered these companies “predatory loan providers. ”

Vicious pattern of Payday Loans Poses Hazard for Low-Income Borrowers in Milwaukee

Vicious pattern of Payday Loans Poses Hazard for Low-Income Borrowers in Milwaukee

one day last may, Latoya S. was in fact walking her 6-year-old pit bull, Gucci, as he started to snarl excitedly at a strange guy taking a l k at the leading porch of her rock, two-bedr m ranch house. The guy spoke as Latoya approached her home. “You Latoya? ” She nodded.

The man arrived closer considering that dog’s bark expanded louder. He handed Latoya an envelope and reported, “You’ve been served! ” Latoya t k the envelope and viewed the man dash to a vintage, beat-up Ford Taurus. She pitched the razor-sharp, white envelope to your bushes close to her home and went in your home. (more…)

Continue ReadingThe Association that is nationwide of Advocates has considered these companies “predatory loan providers. ”