• ‘I felt like they certainly were benefiting from me personally: ’ Wisconsin lawmakers turn to rein in payday loan providers

    ‘I felt like they certainly were benefiting from me personally: ’ Wisconsin lawmakers turn to rein in payday loan providers

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    ‘I felt like they certainly were benefiting from me personally: ’ Wisconsin lawmakers turn to rein in payday loan providers

    MILWAUKEE — a lot more than $22 million in pay day loans had been given in Wisconsin year that is last.

    The interest paid was more than the initial loan in some cases.

    Now, band of lawmakers would like to rein in payday loan providers.

    One girl says she regrets the mortgage she took away and reached off to make contact with 6.

    “we felt me, ” said Jasmine Gray like they were taking advantage of.

    On CashNetUSA, Gray ended up being authorized for the loan and also arrived that same time.

    Her relief had been short-lived.

    “They delivered me the agreement and I also had been like, ‘wait one minute, just just what? (more…)