18 Nov Missouri guy Paid $50,000 in Interest After using $2,500 in payday advances

Missouri guy Paid $50,000 in Interest After using $2,500 in payday advances

Elliott Clark borrowed cash to aid their household but struggled to cover it right straight back.

В— -- Small pay day loans are touted as quick, short-term use of money, but individuals like Elliott Clark of Kansas City, Missouri, call them "debt traps."

A retired and disabled aquatic, Clark continues to have a difficult time speaking concerning the significantly more than 5 years by which he claims he struggled to pay for $50,000 in interest which started with $2,500 of those loans, often called "cash advances" or "check loans."

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21 Jun Want assistance? Borrowing to get one thing big? It can save you more with a credit score that is high

Want assistance? Borrowing to get one thing big? It can save you more with a credit score that is high

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