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payday loans tyler tx

Without a doubt about Payday financing is in the increase – but at a price

Without a doubt about Payday financing is in the increase – but at a price

Kesha Gray required $100 fast. Her credit-cards had been at their restriction, she had no true house equity to fall right straight right back on, along with her child’s day-care bill had been due. She saw just one alternative. She decided to go to a lender that is”payday and penned a check for $162, post-dated for a fortnight – whenever she had been due to have a paycheck.

Whenever fourteen days rolled around, more-pressing bills gobbled up her paycheck, and she could not muster the $162 she owed.