WGN Investigates

CHICAGO — for all those live salary to paycheck — or actually any individual in need of that loan attain by until that after that salary — a temporary loan or payday advance loan because they’re called, can appear like a life-line. But a WGN Investigation discovered those enterprises guaranteeing quick funds include a large capture of crippling rates of interest and a huge selection of grievances utilizing the bbb.

If you go searching, there are other pay day loan providers than there are McDonalds. In 2017, Illinois borrowers grabbed completely significantly more than 200,000 pay day loans totaling more than $70 million. Each pledge to hand your revenue — no credit score rating, no problem.

The lure of easy money caught one lady, exactly who WGN is actually contacting Jane. Lees verder →