Pay day loan companies openly flout Pa

Pay day loan companies openly flout Pa

Pete Alfeche doesn’t remember precisely how he first encountered CashNetUSA, the affiliate that is online of payday loan provider Cash America. He thinks he got an email pitching a loan that is quick.

But Alfeche, a Havertown insurance adjuster, is convinced of 1 thing: just as much he needed the $250 he borrowed that day five years ago, taking the high-cost, short-term loan was a mistake he’d like to help protect others from making as he believed. Within per year, he had compensated almost $2,000 in finance fees, a lot of it to repeatedly roll over the loan that is initial. Continue reading “Pay day loan companies openly flout Pa”