Rose Tubens
“It’s a never-ending cycle, I realize. But for some of us with low-incomes, that’s the only way we have to survive.”
Payday loan consumer Rose Tubens believes that cash advance lenders offer a necessary service to people with no credit…
Tubens, who lives on disability income, borrowed $250 from a payday lender. She was going to borrow $500 more but the payday loan shop closed because Oregon legislators imposed a 36% cap on annual interest rates:
“It’s going to put me in a situation where my utilities are shut off until the bills are paid.”
Tubens laments the plight of the unbanked:
“My credit is non-existant. If you don’t need money, you can borrow money. If you need it, you can’t.”
Rose Tubens lives in Pendleton, Oregon.
Source: Payday Loans Ending for Pendleton Woman by Christina Wu (KVEW)
Rose Tubens was a victim of one of the Five Payday Loan Laws that Hurt Consumers.
The testimonials on our site are all from credible news sources. While researching payday lenders listed on our Compare page, I found many cases in which testimonials were “borrowed” from competing payday loan websites. Please read Lenders Who Borrow for more information.
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