Payday loan providers kept me personally afloat once I dropped from middle income to also poverty—but they’ve kept me down
The journalism supported this story non-profit the Economic Hardship Reporting venture.
Once I plunged through the middle income into poverty in 2013, lots of things we took for provided went down the chute, including my six-figure income, my comfortable life style, and my self-esteem. But my funds, under long-term fix following a divorce that is bitter crashed and burned.
Overnight, we became reliant on alleged banking that is“alternative shops, pay day loans, and prepaid credit cards—that we scarcely knew existed beforehand. (daha&helliip;)