Robbie McCall borrowed a hundred or so bucks to get his child A christmas present, and very quickly owed thousands
Robbie McCall’s cash advance nightmare began nine years back having a wish that is simple to get their teenage child a unique xmas present.
McCall had started receiving social support after health issues forced him to go out of their work. A quick payday loan for some hundred dollars appeared like a good notion.
«It ended up being really easy,» he recalled.
But exactly what McCall don’t understand was that fully the attention on their loan had been determined biweekly, therefore every fourteen days the total amount he owed expanded exponentially by 20 percent.
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