The REVOLVING doorPayday loan providers keep borrowers coming back

The REVOLVING doorPayday loan providers keep borrowers coming back

RICHMOND, Va. Elizabeth Lawson’s problems started with an $800 electric bill, caused by a water heater that is malfunctioning. However it ended up being her next move that sent her funds spinning out of control.

Lawson, whom lives when you look at the tiny city of Shawsville in southwest Virginia, decided to go to a lending that is payday in nearby Christiansburg. […]