with DANIELLA CHESLOW
A medical assistant named Angela walked into a branch of Advance America at a strip mall and asked for a loan during a recent lunch hour in Springfield, Va. SheвЂ™d borrow $300 and guarantee to pay for it right right straight back within thirty days, with yet another $73 in interest and charges.
This loan would help protect a household visit to ny, stated Angela, whom asked NPR never to make use of her name that is last for reasons. She states she prefers pay day loans with credit cards and she would rather not approach her family for help because she doesnвЂ™t trust herself.
EveryoneвЂ™s struggling. Therefore, you don’t need to ask, she claims.
It had been quick and convenient. All Angela had doing ended up being show her ID and write a check dated for the time the mortgage had been due. (more…)