Jennifer Stein
“When you go for these loans, you’re pretty desperate, and you don’t really care as long as you get the money you need… They basically give it to you just to fail.”
Internet payday loan consumer Jennifer Stein believes online lenders are a trap…
According to an article entitled Payday Loans Rise Online – And So Does Debt published in the Minneapolis Star Tribune, Stein took out three payday loans totalling $1300 about two years ago. She has paid over $2300 on the amount borrowed and still does not know when she will be able to pay it all off. She said:
“They suck you in… It’s very, very hard to get caught up once you get involved in these.”
Jennifer Stein is an administrative assistant who lives in Inver Grove Heights and makes $27,000 a year.
Source: Payday Loans Rise Online – And So Does Debt by John Reinan (Minneapolis Star Tribune)
Recent Posts:
- 01/25/2012: Traffic Comparison Page Update
- 01/23/2012: BBB Accreditation Added
- 01/07/2012: Added Google Plus Button
- 12/17/2011: Latest Contact Info Requests
- 12/17/2011: Another IP Ban for Ratings Abuse
Random Posts:
- 10/01/2007: Military Lending Act – Payday Loan Alternatives for Armed Forces Personnel After October 1st, 2007
- 09/17/2006: Kevin MacDonald
- 01/29/2007: Doug Jones
- 07/30/2006: Steven Schlein
- 06/16/2006: Payment Plan with Creditors
loading...