Payday loans offer fast cash, but costs and interest leave many Virginians deep with debt

Payday loans offer fast cash, but costs and interest leave many Virginians deep with debt

With only a couple of days to head to pay money for her last semester at Norfolk State, Nadeen Williamson decided she’d want to spend the bill that is whole at once, as opposed to do another education loan.

After Googling “fast money,” she ruled out of the top three names that popped up that she didn’t want a payday or car title loan because she knew from talking to the people who she served at her church’s feeding ministry.Continue reading