Neighbor Learns About Payday Loans
Our neighbor Ted works really hard and pays all of his bills on time. Recently though, Ted ran into some financial problems when his washing machine broke down the same week that his daughter’s car was hit by a drunk driver. She was not hurt, but her car had to be repaired so she could continue on her way to college. It is an older car which the insurance will not repair. Ted decided to try a payday loan, which he will repay out of his next paycheck.
