Without a doubt about Teacher: $200 pay day loan pressed me to brink of bankruptcy

Without a doubt about Teacher: $200 pay day loan pressed me to brink of bankruptcy

With bills turning up, her credit shot, and a selection looming every day of whether or not to invest her final bucks on meals or on fuel to make the journey to work, senior school science teacher Dawn Schmitt went online searching for monetary hope.

The search engines led her towards the internet site of the business called MyNextPaycheck. And in a few minutes, $200 ended up being deposited into her banking account – a short-term loan to cushion her until her next payday.

  • At federal test, prosecutors utilize Main Line payday loan provider’s words against him
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  • Principal Line payday pioneer that is lending trial on racketeering fees

It seemed too advisable that you be real, she told a federal jury final thirty days. (more…)

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