By Louis B. Parks
During the period of many years, Liz Fritz’s mom, now 79, took down four pay day loans totaling $1,580. Yearly interest levels ranged from 539 percent to 645 %. For security, she utilized her personal Security check, her only income source.
вЂњIt ended up being therefore apparent that she didn’t have the amount of money,вЂќ stated Fritz, 53, a previous San Antonio commercial real-estate broker. вЂњNone of the loans ever ended. Each time she’d make payments, renew her loan they’d.вЂќDetalles