Wednesday, August 29, 2007

Bad news

I found out today that my city will be opening some payday advance loan places here in Topeka. Seven, to be exact. I never have and never will use these places. A customer of mine and I were discussing it(he is going to work for the payday loan place) and he told me that , for example, if someone wanted to borrow five hundred dollars for two weeks until payday then they would charge seventy dollars. It saddens me to hear of people using those places . They usually have a very high interest rate.

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