Pay day loans offer fast cash, but charges and interest leave many Virginians deep with debt

Pay day loans offer fast cash, but charges and interest leave many Virginians deep with debt

With only a couple of days to go to pay money for her last semester at Norfolk State, Nadeen Williamson decided she’d prefer to spend the whole bill off at when, as opposed to do another education loan.

After Googling “fast money,” she ruled out of the top three names that popped up because she knew from speaking with the individuals whom she served at her church’s feeding ministry that she didn’t require a payday or automobile title loan. Continue reading Pay day loans offer fast cash, but charges and interest leave many Virginians deep with debt