Pay day loans a scourge, yet still a need. Fourteen states prohibit payday financing, calling it predatory.

Pay day loans a scourge, yet still a need. Fourteen states prohibit payday financing, calling it predatory.

Fourteen states prohibit payday financing, calling it predatory. The government that is federal stepping in, too https://getbadcreditloan.com/payday-loans-wv/shepherdstown/. However for those that require the cash, you can find few choices.

At a highway junction outside city, a trio of outsized blue guitars installed on a telegraph pole face on the fertile farmlands regarding the Mississippi Delta. This crossroads is The Crossroads, where guitarist Robert Johnson traded his soul to the devil for musical genius in blues mythology. Today it is a stoplight on Highway 61, a sun-baked strip of discount malls, gasoline stations, fast-food joints – and half dozen shops providing quick money..

A high-school teacher, it’s a strip of debt and shame and heartache for Jennifer Williams. For a long time, she’d invest every payday shop that is certainly going shop, wanting to continue repayments, even while sliding deeper into financial obligation. Continue reading “Pay day loans a scourge, yet still a need. Fourteen states prohibit payday financing, calling it predatory.”