sorry, but if an adult gets him/her self into a financial bind by not living within their means, i have little sympathy for them. no matter who their employer may be.
these folks ain't stupid, they know what they're getting into.
Loan sharks near a military base. . . ?
Whoa. . .when did that happen?
If you have to go into debt for a car, at least buy a used one and get it paid off ASAP.
Why do so many people not know this?
If you can't pay for it, don't buy it, unless you like being a slave.
These companies are some of the lowest of the low... States need to reel these bastards in big time.
You want to know if a neighborhood is on the upswing or a decline.. just look for one of these shops.. if one shows up in your neighborhood, you neighborhood is on the way down.
Calling these guys loan sharks is an insult to mobsters. These payday loan guys don't count any of the roll over fee towards your principle, at least loan sharks count a very small percentage of your vig as principle.
Hell, this is mild. When I was in the army back in the 50's, the ranks were full of loan sharks (some were non-coms)who loaned money at the rate of 1 for 2 back. If a GI borrowed 10 bucks, he had to pay back 20 come payday at end of that month.
These loan sharks did not hesitate to use violence by having hired thugs beat up late/non payers.
There were never any of these around any Naval base I was stationed at.
No none at all!
They're like bail bond businesses around a jail. ;)