We Applied for A payday loan. This is what Occurred 2nd
Payday loan providers generated regarding $44 mil in high-notice money just last year. More a third of them funds have been made on line. We wondered what goes on when you sign up for instance that loan, so i chose to discover.
During revealing a narrative this past seasons, I logged to a webpage named eTaxLoan and done a loan application.
I inquired having $500 and you can, as secure, We comprised an address, a reputation (Mary) and you can a social Defense count. This site required much more sensitive content – a checking account matter and you can a routing amount – and that i made one right up, too.
“Well-done. Tremont Lending has been chose since your bank along with been pre-recognized for a financial loan around $750.”
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