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tnobles

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Everything posted by tnobles

  1. Not only are people using them frequently but I have heard of some people who get an advance at one place and pay it back with an advance from another place the following week! They are floating money between different pay day lenders like an official rob Peter to pay Paul system. I know of several people who will try to argue the benefit of using this system over having a regular bank account. Granted bank fees can be ridiculous but where is the individual responsibility? You know its bad when people are known to the pay day lender employees on a first name basis - yes, I know at least 2 people who fit this description. It's a vicious cycle that keeps many people from ever taking responsibility as long as they can go to a different lender and still get a loan when they need one even they have one outstanding somewhere else.