However, Texas Appleseed’s brand new research demonstrates that payday loan providers continue steadily to routinely hit questionable criminal charges against borrowers.

However, Texas Appleseed’s brand new research demonstrates that payday loan providers continue steadily to routinely hit questionable criminal charges against borrowers.

Ms. Jones, a 71-year-old whom expected that her very first title never be posted to be able to shield her privacy, ended up being some of those 1,576 situations. (The Huffington Post evaluated and verified the court public records related to her situation.) On March 3, 2012, Jones lent $250 from an Austin franchise of Cash Plus, a payday lender, after losing her task being a receptionist.

Four months later on, she owed nearly $1,000 and encountered the likelihood of prison time if she didn’t spend up.

The problem for Ms. Jones — & most other payday borrowers who face unlawful fees — arrived right down to a check. It’s standard practice at payday lenders for borrowers to leave either a check or perhaps a bank-account quantity to get that loan. Continue reading